Differences in Rates of Return by Type of Education
- 1 January 1994
- journal article
- research article
- Published by Taylor & Francis Ltd in Education Economics
- Vol. 2 (2), 209-214
- https://doi.org/10.1080/09645299400000017
Abstract
We analyze the wage effects of different types of education using a generalized version of the dummy endogenous variable model. Seven types of education are distinguished: general, agricultural, technical, medical, teacher, economic/administrative and other education. We find that agricultural and technical education yield lower rates of return than general education.Keywords
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