Subsidies, Selectivity and the Returns to Education in Urban Papua New Guinea

Autor/inn/en	Gibson, John; Fatai, Osaiasi Koliniusi
Titel	Subsidies, Selectivity and the Returns to Education in Urban Papua New Guinea
Quelle	In: Economics of Education Review, 25 (2006) 2, S.133-146 (14 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0272-7757
DOI	10.1016/j.econedurev.2005.01.002
Schlagwörter	Educational Status Comparison; Outcomes of Education; Foreign Countries; Developing Nations; Urban Areas; Fringe Benefits; On the Job Training; Papua New Guinea + Suchen Sie Ihr Suchwort? Soziokultureller Vergleich; Lernleistung; Schulerfolg; Ausland; Developing country; Developing countries; Entwicklungsland; Urban area; Stadtregion; Sozialabgaben; Training-on-the-Job; Papua-New Guinea; Papua-Neuguinea
Abstract	There is debate about whether the rate of return to education in developing countries declines with the level of schooling. This paper reports evidence from urban Papua New Guinea which shows that the average private rate of return to an additional year of education rises with the level of education considered. This pattern is robust to the specification of the extended earnings function and is strengthened when the measure of employee compensation includes fringe benefits. The results are not sensitive to controls for sample selectivity bias and the estimated selectivity effects are more consistent with the principle of comparative advantage than is existing evidence from developing countries. The returns to on-the-job training are also higher than indicated by previous evidence in developing countries. (Author).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10