Quantile Estimates for Social Returns to Education in Turkey: 2006-2009

Ozan Bakis, Nurhan Davutyan (), Haluk Levent () and Sezgin Polat

No 13-10, GIAM Working Papers from Galatasaray University Economic Research Center

Abstract: Augmenting a Mincerian earnings function with regional data we estimate both private and external returns to education in Turkey using Instrumental Variables, Ordinary Least Squares, Quantile Regression and Instrumental Variables Quantile Regression methods. Our results indicate a median external return between 1.5% and 2.3% for 2006-2009. There is some evidence supporting the skill-biased technical change hypothesis. External returns are uniformly higher for women. We point out some policy implications.

Keywords: human capital; externalities; returns to education; instrumental quantile regression; growth (search for similar items in EconPapers)
JEL-codes: C21 D62 I20 J24 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2013-07-18
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Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Quantile Estimates for Social Returns to Education in Turkey: 2006–2009 (2013)
Journal Article: QUANTILE ESTIMATES FOR SOCIAL RETURNS TO EDUCATION IN TURKEY: 2006–2009 (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:ris:giamwp:2013_010

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