Returns to Education in India
Scott Fulford
World Development, 2014, vol. 59, issue C, 434-450
Abstract:
In India both men and women with more education live in households with greater consumption per capita. Yet aggregating across age cohorts and states, an extra year of education brings male cohorts only 4% more consumption and provides no additional consumption for female cohorts. This result is robust to: (1) accounting for survey measurement error, (2) different measures of household consumption and composition, (3) allowing returns to differ by state and school quality, and (4) age misreporting. The only area with substantial returns is entering into regular wage work which still employs only a small fraction of the population.
Keywords: Asia; India; returns to education; school quality; aggregate versus individual returns; age misreporting (search for similar items in EconPapers)
Date: 2014
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Working Paper: Returns to education in India (2012) 
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Persistent link: https://EconPapers.repec.org/RePEc:eee:wdevel:v:59:y:2014:i:c:p:434-450
DOI: 10.1016/j.worlddev.2014.02.005
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