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Using variation in schooling availability to estimate educational returns for Honduras
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Economics of Education Review Volume 18, Number 1 ISSN 0272-7757 Publisher: Elsevier Ltd

Abstract

This paper presents IV estimates of the returns to schooling for Honduran males by exploiting the variation in the availability of schooling at the time individuals were eligible to commence their education. The IV estimates are significantly higher than OLS estimates. The higher rate of return estimates are driven by the greater schooling attainment and the higher marginal returns for individuals from more privileged family backgrounds. In line with studies for developed countries, we conclude that, when estimating rates of return to education for developing countries, it is important to account for the endogeneity of educational attainment. ["JEL" J31, J24, O15]

Citation

Bedi, A.S. & Gaston, N. Using variation in schooling availability to estimate educational returns for Honduras. Economics of Education Review, 18(1), 107-116. Elsevier Ltd. Retrieved April 2, 2023 from .

This record was imported from Economics of Education Review on March 1, 2019. Economics of Education Review is a publication of Elsevier.

Full text is availabe on Science Direct: http://dx.doi.org/10.1016/S0272-7757(98)00013-2

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References

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