Quantile Estimates for Social Returns to Education in Turkey: 2006–2009


Bakış O., Davutyan N., Levent H., Polat S.

Middle East Development Journal, cilt.5, sa.3, 2013 (SCI-Expanded) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 5 Sayı: 3
  • Basım Tarihi: 2013
  • Doi Numarası: 10.1142/s179381201350017x
  • Dergi Adı: Middle East Development Journal
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED)
  • Galatasaray Üniversitesi Adresli: Evet

Özet

Augmenting a Mincerian earnings function with regional data we estimate both private and external returns to education in Turkey using Instrumental Variables, Ordinary Least Squares, Quantile Regression and Instrumental Variables Quantile Regression methods. Our results indicate a median external return between 1.5% and 2.3% for 2006–2009. There is some evidence supporting the skill-biased technical change hypothesis. External returns are uniformly higher for women. We point out some policy implications.