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Returns to Education in South Africa: Evidence from the National Income Dynamics Study

Depken , Craig; Chanda Chiseni, Michael LU and Ita, Ernest (2019) In Zagreb International Review of Economics & Business 22(1). p.1-12
Abstract
We utilize two waves of the National Income Dynamics Study in South Africa to estimate the returns to education in 2010 and 2012. We find that during this time period the returns to education were approximately 18% per year of education and that the returns were higher for females relative to males and higher for those living in urban relative to rural areas. The policy implications include a suggestion to continue investment in educational infrastructure, especially in rural areas, so as to increase the returns to education in those areas.
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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
instrumental variables, Mincer equations, Developing CountriesProgress ReportCost Benefit AnalysisWomen in Development
in
Zagreb International Review of Economics & Business
volume
22
issue
1
pages
1 - 12
ISSN
1331-5609
DOI
10.2478/zireb-2019-0009
language
English
LU publication?
yes
id
e5993116-c5a1-4538-bfe9-69aebfda99b0
alternative location
https://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=321915
date added to LUP
2019-05-31 19:32:47
date last changed
2019-06-03 12:53:07
@article{e5993116-c5a1-4538-bfe9-69aebfda99b0,
  abstract     = {We utilize two waves of the National Income Dynamics Study in South Africa to estimate the returns to education in 2010 and 2012. We find that during this time period the returns to education were approximately 18% per year of education and that the returns were higher for females relative to males and higher for those living in urban relative to rural areas. The policy implications include a suggestion to continue investment in educational infrastructure, especially in rural areas, so as to increase the returns to education in those areas.},
  articleno    = {1},
  author       = {Depken , Craig and Chanda Chiseni, Michael and Ita, Ernest },
  issn         = {1331-5609},
  keyword      = {instrumental variables,Mincer equations,Developing CountriesProgress ReportCost Benefit AnalysisWomen in Development},
  language     = {eng},
  month        = {05},
  number       = {1},
  pages        = {1--12},
  series       = {Zagreb International Review of Economics & Business},
  title        = {Returns to Education in South Africa: Evidence from the National Income Dynamics Study},
  url          = {http://dx.doi.org/10.2478/zireb-2019-0009},
  volume       = {22},
  year         = {2019},
}