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Returns to Education: A Further International Update and Implications
Abstract
This paper updates evidence on the returns to investment in education by adding estimates for new countries and refining existing estimates to bring the total number of country cases to over 60. The new cross-country evidence confirms and reinforces earlier patterns, namely, that returns are highest for primary education, the general curricula, the education of women, and countries with the lowest per capita income. The findings have important implications for directing future investment in education which, for efficiency and equity purposes, should concentrate on these priority areas.
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Citations
Cited by
A Contribution to the Empirics of Economic Growth
Mankiw, N. G., Romer, D., & Weil, D. N. (1992) · The Quarterly Journal of Economics · doi:10.2307/2118477 · Cited by 15,119
Returns to investment in education: a further update
Psacharopoulos, G., & Patrinos *, H. A. (2004) · Education Economics · doi:10.1080/0964529042000239140 · Cited by 2,050
Self-citationReturns to Investment in Education: A Further Update
Psacharopoulos, G., & Patrinos, H. A. (2002) · World Bank, Washington, DC eBooks · doi:10.1596/1813-9450-2881 · Cited by 1,637
Self-citationNobel Lecture: The Economic Way of Looking at Behavior
Becker, G. S. (1993) · Journal of Political Economy · doi:10.1086/261880 · Cited by 1,609
AN EMPIRICAL INVESTIGATION OF THE PREDICTORS OF EXECUTIVE CAREER SUCCESS
JUDGE, T. A., CABLE, D. M., BOUDREAU, J. W., & BRETZ, R. D. (1995) · Personnel Psychology · doi:10.1111/j.1744-6570.1995.tb01767.x · Cited by 1,507
Metadata
- Authors
- Psacharopoulos, G.
- Venue
- The Journal of Human Resources
- Publisher
- JSTOR
- Published
- 1985
- Volume
- 20
- Issue
- 4
- Pages
- 583
- ISSN
- 0022-166X (ISSN-L)
- OpenAlex
- W1592469546
- Cited by
- 1,209
- References
- 0
- FWCI
- 58.92
- Type
- journal article
- Language
- en
- Open access
- closed
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Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
