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Updates on private returns to education in Uganda: evidence from universal primary education policy

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  • Katsuki Sakaue
  • James Wokadala
  • Keiichi Ogawa

Abstract

This study updates private returns to education in Uganda using consumption measures as an outcome variable, focusing on obtaining estimates using instrumental variables based on the introduction of the universal primary education policy. Unlike common findings from developed countries, the evidence from this study for a low-income country suggests that returns to education are smaller for liquidity-constrained individuals than for average individuals. The finding also suggests that smaller returns are observed for self-employed farmers than self-employed workers in non-agricultural sectors. The trend, showing smaller returns for liquidity-constrained individuals, is particularly obvious among self-employed farmers.

Suggested Citation

  • Katsuki Sakaue & James Wokadala & Keiichi Ogawa, 2024. "Updates on private returns to education in Uganda: evidence from universal primary education policy," Education Economics, Taylor & Francis Journals, vol. 32(5), pages 632-648, September.
    • Handle: RePEc:taf:edecon:v:32:y:2024:i:5:p:632-648
    DOI: 10.1080/09645292.2024.2345708
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