Higher levels of education for higher private returns: New evidence from Malaysia

Husaina Banu Kenayathulla

International Journal of Educational Development, 2013, vol. 33, issue 4, 380-393

Abstract: This study provides new and more accurate information about private rates of return to education (RORE) in Malaysia. Most of the prior studies on RORE have not addressed selectivity bias, and those that have are based on an older data set. The findings suggest that for both males and females, the average private returns to education are highest at the secondary (16.5 percent and 27.2 percent, respectively) and university (15.5 percent and 16.1 percent, respectively) education levels. Thus, it is important to pursue education until the secondary level and further to the university level to capture higher returns to education.

Keywords: Malaysia; Rate of return to education; Human capital (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:injoed:v:33:y:2013:i:4:p:380-393

DOI: 10.1016/j.ijedudev.2012.05.008

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