Social returns to education in a developing country

Alpay Filiztekin

MPRA Paper from University Library of Munich, Germany

Abstract: This paper estimates social returns to education in Turkey. Most evidence on spillovers from human capital comes mostly from developed countries, and estimates vary from country to country. The paper finds that social returns to education are around 3-4%, whereas private returns per year of education amount to 5% in Turkey. Moreover, the findings indicate that workers with lower skills, or working in sectors with lower average wages benefit most from externalities. The results are robust to a series of checks, using a number of individual and regional controls, as well as instrumental variable estimation.

Keywords: human capital externalities; returns to education; wages (search for similar items in EconPapers)
JEL-codes: A20 J31 R23 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-ara, nep-cwa, nep-edu, nep-hrm and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:35124

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