Endogeneity of schooling in the wage function: evidence from the rural Philippines
This paper evaluates the effect (in terms of private returns) of investment in education on wages in the rural Philippines. Statistical endogeneity of education in the wage function may result from (1) unobserved determinants of education that also influence wages and/or (2) measurement error. Panel...
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
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International Food Policy Research Institute
1998
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| Acceso en línea: | https://hdl.handle.net/10568/161220 |
| _version_ | 1855515981819936768 |
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| author | Maluccio, John |
| author_browse | Maluccio, John |
| author_facet | Maluccio, John |
| author_sort | Maluccio, John |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This paper evaluates the effect (in terms of private returns) of investment in education on wages in the rural Philippines. Statistical endogeneity of education in the wage function may result from (1) unobserved determinants of education that also influence wages and/or (2) measurement error. Panel data are used that provide relevant instruments, particularly distance to schools and measures of household resources, at the time of schooling, to endogenize investments in education while estimating wage functions. The estimated return to education increases more than 60 percent when education is endogenized. This increase is robust to the inclusion of a measure of health, models of selection into the sample, and measurement error. The paper suggests how heterogeneous returns to education might account for the magnitude of the downward bias in returns to schooling. |
| format | Artículo preliminar |
| id | CGSpace161220 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 1998 |
| publishDateRange | 1998 |
| publishDateSort | 1998 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1612202025-11-06T05:18:19Z Endogeneity of schooling in the wage function: evidence from the rural Philippines Maluccio, John income education economic aspects rural population This paper evaluates the effect (in terms of private returns) of investment in education on wages in the rural Philippines. Statistical endogeneity of education in the wage function may result from (1) unobserved determinants of education that also influence wages and/or (2) measurement error. Panel data are used that provide relevant instruments, particularly distance to schools and measures of household resources, at the time of schooling, to endogenize investments in education while estimating wage functions. The estimated return to education increases more than 60 percent when education is endogenized. This increase is robust to the inclusion of a measure of health, models of selection into the sample, and measurement error. The paper suggests how heterogeneous returns to education might account for the magnitude of the downward bias in returns to schooling. 1998 2024-11-21T09:54:14Z 2024-11-21T09:54:14Z Working Paper https://hdl.handle.net/10568/161220 en Open Access application/pdf International Food Policy Research Institute Maluccio, John. 1998. Endogeneity of schooling in the wage function: evidence from the rural Philippines. FCND Discussion Paper 54. https://hdl.handle.net/10568/161220 |
| spellingShingle | income education economic aspects rural population Maluccio, John Endogeneity of schooling in the wage function: evidence from the rural Philippines |
| title | Endogeneity of schooling in the wage function: evidence from the rural Philippines |
| title_full | Endogeneity of schooling in the wage function: evidence from the rural Philippines |
| title_fullStr | Endogeneity of schooling in the wage function: evidence from the rural Philippines |
| title_full_unstemmed | Endogeneity of schooling in the wage function: evidence from the rural Philippines |
| title_short | Endogeneity of schooling in the wage function: evidence from the rural Philippines |
| title_sort | endogeneity of schooling in the wage function evidence from the rural philippines |
| topic | income education economic aspects rural population |
| url | https://hdl.handle.net/10568/161220 |
| work_keys_str_mv | AT malucciojohn endogeneityofschoolinginthewagefunctionevidencefromtheruralphilippines |