Publication:
Returns to Investment in Education : A Further Update

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dc.contributor.authorPsacharopoulos, George
dc.contributor.authorPatrinos, Harry Anthony
dc.date.accessioned2014-08-01T20:07:10Z
dc.date.available2014-08-01T20:07:10Z
dc.date.issued2002-09
dc.description.abstractReturns to investment in education based on human capital theory have been estimated since the late 1950s. In the 40-plus year history of estimates of returns to investment in education, there have been several reviews of the empirical results in attempts to establish patterns. Many more estimates from a wide variety of countries, including over time evidence, and estimates based on new econometric techniques, reaffirm the importance of human capital theory. The suthors review and present the latest estimates and patterns as found in the literature at the turn of the century. However, because the availability of rate of return estimates has grown exponentially, the authors include a new section on the need for selectivity in comparing returns to investment in education and establishing related patterns.en
dc.identifierhttp://documents.worldbank.org/curated/en/2002/09/2004282/returns-investment-education-further-update
dc.identifier.doi10.1596/1813-9450-2881
dc.identifier.urihttps://hdl.handle.net/10986/19231
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 2881
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectBENCHMARK
dc.subjectCAPITAL THEORY
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMICS
dc.subjectECONOMICS OF EDUCATION
dc.subjectEDUCATION
dc.subjectEDUCATION FINANCE
dc.subjectEDUCATIONAL DEVELOPMENT
dc.subjectEDUCATIONAL PLANNING
dc.subjectEMPLOYMENT
dc.subjectEXTERNALITIES
dc.subjectEXTERNALITY
dc.subjectFAMILIES
dc.subjectFARMERS
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGENDER
dc.subjectHOUSEHOLD SCHOOLING
dc.subjectHUMAN CAPITAL
dc.subjectINCOME
dc.subjectINVESTMENT IN EDUCATION
dc.subjectLANGUAGE
dc.subjectLAWS
dc.subjectLEARNING
dc.subjectLEVEL OF EDUCATION
dc.subjectLIFELONG LEARNING
dc.subjectLITERATURE
dc.subjectLOW INCOME
dc.subjectMOBILITY
dc.subjectPAPERS
dc.subjectPER CAPITA INCOME
dc.subjectPOLICY DOCUMENTS
dc.subjectPOLITICAL ECONOMY
dc.subjectPOSITIVE EXTERNALITIES
dc.subjectPRIMARY EDUCATION
dc.subjectPRODUCTION FUNCTIONS
dc.subjectPUBLIC SECTOR
dc.subjectRATES OF RETURN
dc.subjectSCHOOL QUALITY
dc.subjectSCHOOLING
dc.subjectSECONDARY EDUCATION
dc.subjectVOCATIONAL EDUCATION
dc.subjectWAGE DIFFERENTIALS
dc.subjectWAGES
dc.subjectWORKERS
dc.subjectEDUCATIONAL INVESTMENT
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN CAPITAL EARNINGS FUNCTION
dc.subjectRATES OF RETURN
dc.subjectWOMEN'S EDUCATION
dc.subjectPRIMARY EDUCATION AGRICULTURE
dc.titleReturns to Investment in Education : A Further Updateen
dspace.entity.typePublication
okr.crossref.titleReturns to Investment in Education: A Further Update
okr.date.doiregistration2025-04-10T09:20:43.948439Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2002/09/2004282/returns-investment-education-further-update
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeAgriculture
okr.globalpracticeEducation
okr.globalpracticeGovernance
okr.globalpracticeHealth, Nutrition, and Population
okr.guid512891468739485757
okr.identifier.doi10.1596/1813-9450-2881
okr.identifier.externaldocumentum000094946_02091705491654
okr.identifier.internaldocumentum2004282
okr.identifier.reportWPS2881
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2002/09/27/000094946_02091705491654/Rendered/PDF/multi0page.pdfen
okr.sectorEducation :: General education sector
okr.topicEconomic Theory and Research
okr.topicHealth Monitoring and Evaluation
okr.topicEducation::Economics of Education
okr.topicPublic Sector Development::Decentralization
okr.topicAgricultural Knowledge and Information Systems
okr.topicCurriculum and Instruction
okr.topicHealth, Nutrition and Population::Public Health Promotion
okr.topicTeaching and Learning
okr.topicMacroeconomics and Economic Growth
okr.topicAgriculture
okr.unitEducation Sector Unit, Latin America and the Caribbean Region
okr.volume1 of 1
relation.isAuthorOfPublicationc9e7c391-9af8-566a-8bb3-cc917745467c
relation.isAuthorOfPublication.latestForDiscoveryc9e7c391-9af8-566a-8bb3-cc917745467c
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
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