Estimating the Economic returns of Education in KSA by using Mincerian Earnings Function

Benlaria Houcine and Gheraia Zouheyr
Additional contact information
Benlaria Houcine: Department of Business Administration, Jouf University, KSA,
Gheraia Zouheyr: Department of Finance and Investment, Jouf University, KSA.

International Journal of Economics and Financial Issues, 2019, vol. 9, issue 6, 94-99

Abstract: This study aims to measure the economic rate of returns for investment in KSA. by using both basic and extended Mincerian Earnings Function. In addition to this, the comparison had been established between the results obtained and those of other researches in the same domain. We adopted in the research the model of Mincer in evaluating the rate of the economic returns according to previous classifications and the effective experience got by the individual in the work (measured by years). The result of the model application states that the economic return of university education in KSA has been improved by 10.35% based on the benchmark of Psacharopoulos International Return measured by 9.6%.

Keywords: The individual Return; Earnings Function; Practical Experience; Theoretical Experience (search for similar items in EconPapers)
JEL-codes: I26 J16 J24 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econjournals.com/index.php/ijefi/article/download/8659/pdf (application/pdf)
https://www.econjournals.com/index.php/ijefi/article/view/8659/pdf (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ1:2019-06-11

Access Statistics for this article

International Journal of Economics and Financial Issues is currently edited by Ilhan Ozturk

More articles in International Journal of Economics and Financial Issues from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().