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

Research output: Contribution to journalArticle

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.

Details

Authors
Organisations
External organisations
  • University of North Carolina at Charlotte
Research areas and keywords

Subject classification (UKÄ) – MANDATORY

  • Economic History

Keywords

  • instrumental variables, Mincer equations, Developing CountriesProgress ReportCost Benefit AnalysisWomen in Development
Original languageEnglish
Article number1
Pages (from-to)1-12
JournalZagreb International Review of Economics & Business
Volume22
Issue number1
Publication statusPublished - 2019 May 30
Publication categoryResearch
Peer-reviewedYes