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Private and Social Rates of Return to Higher Education in Science and Technology in a Caribbean Economy

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  • Compton Bourne
  • Anand Dass

Abstract

In view of the emphasis placed on higher education in science and technology in the Commonwealth Caribbean Community, the present study estimates private and social rates of return for university science and technology graduates in Trinidad and Tobago. Comparisons are made with other fields of study. It is concluded that rates of return are inconsistent with the allocative preferences of policy-makers.

Suggested Citation

  • Compton Bourne & Anand Dass, 2003. "Private and Social Rates of Return to Higher Education in Science and Technology in a Caribbean Economy," Education Economics, Taylor & Francis Journals, vol. 11(1), pages 1-10.
    • Handle: RePEc:taf:edecon:v:11:y:2003:i:1:p:1-10
    DOI: 10.1080/0964529032000089553
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    Cited by:

    1. Aziz, Babar & Khan, Tasneem & Aziz, Shumaila, 2008. "Impact of Higher Education on Economic Growth of Pakistan," MPRA Paper 22912, University Library of Munich, Germany, revised 2008.
    2. Daway-Ducanes, Sarah Lynne & Pernia, Elena & Ramos, Vincent Jerald, 2018. "On Income Advantage in University Admissions and College Major Choices: Evidence from the University of the Philippines," MPRA Paper 101108, University Library of Munich, Germany.
    3. Daway-Ducanes, Sarah Lynne S. & Pernia, Elena E. & Ramos, Vincent Jerald R., 2022. "On the “income advantage” in course choices and admissions: Evidence from the University of the Philippines," International Journal of Educational Development, Elsevier, vol. 91(C).
    4. Lloyd Ahamefule AMAGHIONYEODIWE & Tokunbo Simbowale OSINUBI, 2007. "Do Higher Levels Of Schooling Lead To Higher Returns To Education In Nigeria?," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 7(1).
    5. Fan, Jing-bo & Zhang, Cheng-gang, 2015. "A study of the rate of return to higher engineering education in China," International Journal of Educational Development, Elsevier, vol. 42(C), pages 106-114.

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