Returns to Investment in Education : A Further Update

Show simple item record

collection.link.5
https://openknowledge.worldbank.org/handle/10986/9
collection.name.5
Policy Research Working Papers
dc.contributor.author
Psacharopoulos, George
dc.contributor.author
Patrinos, Harry Anthony
dc.date.accessioned
2014-08-01T20:07:10Z
dc.date.available
2014-08-01T20:07:10Z
dc.date.issued
2002-09
dc.date.lastModified
2021-04-23T14:03:42Z
dc.description.abstract
Returns 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.identifier
http://documents.worldbank.org/curated/en/2002/09/2004282/returns-investment-education-further-update
dc.identifier.uri
http://hdl.handle.net/10986/19231
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Policy Research Working Paper; No. 2881
dc.rights
CC BY 3.0 IGO
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
BENCHMARK
dc.subject
CAPITAL THEORY
dc.subject
DEVELOPMENT ECONOMICS
dc.subject
ECONOMIC RESEARCH
dc.subject
ECONOMICS
dc.subject
ECONOMICS OF EDUCATION
dc.subject
EDUCATION
dc.subject
EDUCATION FINANCE
dc.subject
EDUCATIONAL DEVELOPMENT
dc.subject
EDUCATIONAL PLANNING
dc.subject
EMPLOYMENT
dc.subject
EXTERNALITIES
dc.subject
EXTERNALITY
dc.subject
FAMILIES
dc.subject
FARMERS
dc.subject
GDP
dc.subject
GDP PER CAPITA
dc.subject
GENDER
dc.subject
HOUSEHOLD SCHOOLING
dc.subject
HUMAN CAPITAL
dc.subject
INCOME
dc.subject
INVESTMENT IN EDUCATION
dc.subject
LANGUAGE
dc.subject
LAWS
dc.subject
LEARNING
dc.subject
LEVEL OF EDUCATION
dc.subject
LIFELONG LEARNING
dc.subject
LITERATURE
dc.subject
LOW INCOME
dc.subject
MOBILITY
dc.subject
PAPERS
dc.subject
PER CAPITA INCOME
dc.subject
POLICY DOCUMENTS
dc.subject
POLITICAL ECONOMY
dc.subject
POSITIVE EXTERNALITIES
dc.subject
PRIMARY EDUCATION
dc.subject
PRODUCTION FUNCTIONS
dc.subject
PUBLIC SECTOR
dc.subject
RATES OF RETURN
dc.subject
SCHOOL QUALITY
dc.subject
SCHOOLING
dc.subject
SECONDARY EDUCATION
dc.subject
VOCATIONAL EDUCATION
dc.subject
WAGE DIFFERENTIALS
dc.subject
WAGES
dc.subject
WORKERS
dc.subject
EDUCATIONAL INVESTMENT
dc.subject
HUMAN CAPITAL
dc.subject
HUMAN CAPITAL EARNINGS FUNCTION
dc.subject
RATES OF RETURN
dc.subject
WOMEN'S EDUCATION
dc.subject
PRIMARY EDUCATION AGRICULTURE
dc.title
Returns to Investment in Education : A Further Update
en
okr.doctype
Publications & Research :: Policy Research Working Paper
okr.doctype
Publications & Research
okr.docurl
http://documents.worldbank.org/curated/en/2002/09/2004282/returns-investment-education-further-update
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Agriculture
okr.globalpractice
Education
okr.globalpractice
Governance
okr.globalpractice
Health, Nutrition, and Population
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/1813-9450-2881
okr.identifier.externaldocumentum
000094946_02091705491654
okr.identifier.internaldocumentum
2004282
okr.identifier.report
WPS2881
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2002/09/27/000094946_02091705491654/Rendered/PDF/multi0page.pdf
en
okr.sector
Education :: General education sector
okr.topic
Economic Theory and Research
okr.topic
Health Monitoring and Evaluation
okr.topic
Education :: Economics of Education
okr.topic
Public Sector Development :: Decentralization
okr.topic
Agricultural Knowledge and Information Systems
okr.topic
Curriculum and Instruction
okr.topic
Health, Nutrition and Population :: Public Health Promotion
okr.topic
Teaching and Learning
okr.topic
Macroeconomics and Economic Growth
okr.topic
Agriculture
okr.unit
Education Sector Unit, Latin America and the Caribbean Region
okr.volume
1 of 1

Show simple item record



This item appears in the following Collection(s)