TY - JOUR
T1 - Returns to Education in South Africa: Evidence from the National Income Dynamics Study
AU - Depken , Craig
AU - Chanda Chiseni, Michael
AU - Ita, Ernest
PY - 2019/5/30
Y1 - 2019/5/30
N2 - 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.
AB - 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.
KW - instrumental variables
KW - Mincer equations
KW - Developing CountriesProgress ReportCost Benefit AnalysisWomen in Development
U2 - 10.2478/zireb-2019-0009
DO - 10.2478/zireb-2019-0009
M3 - Article
SN - 1331-5609
VL - 22
SP - 1
EP - 12
JO - Zagreb International Review of Economics & Business
JF - Zagreb International Review of Economics & Business
IS - 1
M1 - 1
ER -