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A Multilevel Analysis of the Returns to Education in Ecuador. The Multifaceted Impact of Human Capital

Author

Listed:
  • Orellana Mercy Raquel
  • Argudo Barrera Dalia Maritza

    (University of Cuenca Ecuador)

  • Răileanu Szeles Monica

    (Transilvania University of Brasov Romania)

Abstract

This paper analyses the returns to education in Ecuador based on cross-sectional data collected by a National Survey at the individual- and canton-levels in 2005 and 2015. The multilevel analysis provides the methodological framework that allows capturing the regional peculiarities of data as well as addressing the high regional economic heterogeneity. The two level- random intercept and random slope models are used to examine the impact of individual-level and canton-level characteristics on the labour income. In subsidiary, the paper explains the proportion of variance in individual- level income that is explained by canton- level characteristics.

Suggested Citation

  • Orellana Mercy Raquel & Argudo Barrera Dalia Maritza & Răileanu Szeles Monica, 2016. "A Multilevel Analysis of the Returns to Education in Ecuador. The Multifaceted Impact of Human Capital," Scientific Annals of Economics and Business, Sciendo, vol. 63(s1), pages 1-19, December.
    • Handle: RePEc:vrs:aicuec:v:63:y:2016:i:s1:p:1-19:n:1
    DOI: 10.1515/saeb-2016-0133
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    References listed on IDEAS

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    1. Paul J. Devereux & Robert A. Hart, 2010. "Forced to be Rich? Returns to Compulsory Schooling in Britain," Economic Journal, Royal Economic Society, vol. 120(549), pages 1345-1364, December.
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    3. Wolpin, Kenneth I, 1977. "Education and Screening," American Economic Review, American Economic Association, vol. 67(5), pages 949-958, December.
    4. Jacob A. Mincer, 1974. "Schooling, Experience, and Earnings," NBER Books, National Bureau of Economic Research, Inc, number minc74-1.
    5. Barro, Robert J. & Lee, Jong Wha, 2013. "A new data set of educational attainment in the world, 1950–2010," Journal of Development Economics, Elsevier, vol. 104(C), pages 184-198.
    6. Jacob A. Mincer, 1974. "Age and Experience Profiles of Earnings," NBER Chapters, in: Schooling, Experience, and Earnings, pages 64-82, National Bureau of Economic Research, Inc.
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    8. Jacob A. Mincer, 1974. "Schooling and Earnings," NBER Chapters, in: Schooling, Experience, and Earnings, pages 41-63, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Cristina Drumea, 2021. "Financial Ethics in the Usage of Public Funds. Evidence from the Romanian Higher Education," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 283-288, August.
    2. Nicola Pontarollo & Mercy Orellana & Joselin Segovia, 2020. "The Determinants of Subjective Well-Being in a Developing Country: The Ecuadorian Case," Journal of Happiness Studies, Springer, vol. 21(8), pages 3007-3035, December.

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