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Quantile Estimates For Social Returns To Education In Turkey: 2006–2009

Author

Listed:
  • OZAN BAKIS

    (TUSIAD-Sabanci University Competitiveness Forum, Galatasaray University Economic Research Center, Turkey)

  • NURHAN DAVUTYAN

    (Economic Research Forum, Department of International Trade and Finance, Kadir Has University, Turkey)

  • HALUK LEVENT

    (Galatasaray University Economic Research Center, Galatasaray University, Turkey)

  • SEZGIN POLAT

    (Galatasaray University Economic Research Center, Galatasaray University, Turkey)

Abstract

Augmenting a Mincerian earnings function with regional data we estimate both private and external returns to education in Turkey using Instrumental Variables, Ordinary Least Squares, Quantile Regression and Instrumental Variables Quantile Regression methods. Our results indicate a median external return between 1.5% and 2.3% for 2006–2009. There is some evidence supporting the skill-biased technical change hypothesis. External returns are uniformly higher for women. We point out some policy implications.

Suggested Citation

  • Ozan Bakis & Nurhan Davutyan & Haluk Levent & Sezgin Polat, 2013. "Quantile Estimates For Social Returns To Education In Turkey: 2006–2009," Middle East Development Journal (MEDJ), World Scientific Publishing Co. Pte. Ltd., vol. 5(03), pages 1-23.
    • Handle: RePEc:wsi:medjxx:v:05:y:2013:i:03:n:s179381201350017x
    DOI: 10.1142/S179381201350017X
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    References listed on IDEAS

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    1. Aysit Tansel & Fatma Bircan Bodur, 2012. "Wage Inequality and Returns to Education in Turkey: A Quantile Regression Analysis," Review of Development Economics, Wiley Blackwell, vol. 16(1), pages 107-121, February.
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    6. Filiztekin, Alpay, 2011. "Social returns to education in a developing country," MPRA Paper 35124, University Library of Munich, Germany.
    7. Aysit Tansel & Fatma Bircan Bodur, 2012. "Wage Inequality and Returns to Education in Turkey: A Quantile Regression Analysis," Review of Development Economics, Wiley Blackwell, vol. 16(1), pages 107-121, February.
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    9. Ozkan Eren, 2009. "Ability, Schooling Inputs and Earnings: Evidence from the NELS," Working Papers 0906, University of Nevada, Las Vegas , Department of Economics, revised Aug 2009.
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    Cited by:

    1. Ayça Akarçay Gürbüz & Sezgin Polat, 2016. "Public--private wage differentials in Turkey: public policy or market dynamics?," International Review of Applied Economics, Taylor & Francis Journals, vol. 30(3), pages 326-356, May.
    2. Polat, Sezgin, 2016. "Some Economic Consequences of Higher Education Expansion in Turkey," MPRA Paper 72602, University Library of Munich, Germany.

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    More about this item

    Keywords

    Human capital; externalities; returns to education; instrumental quantile regression; growth;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • I20 - Health, Education, and Welfare - - Education - - - General
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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