IDEAS home Printed from https://ideas.repec.org/p/ris/giamwp/2013_010.html
   My bibliography  Save this paper

Quantile Estimates for Social Returns to Education in Turkey: 2006-2009

Author

Listed:
  • Bakis, Ozan

    (TUSIAD-Sabanci University Competitiveness Forum)

  • Davutyan, Nurhan

    (Kadir Has University, Dept. of Int’l. Trade and Finance)

  • Levent, Haluk

    (Galatasaray University Economic Research Center)

  • Polat, Sezgin

    (Galatasaray University Economic Research Center)

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

  • Bakis, Ozan & Davutyan, Nurhan & Levent, Haluk & Polat, Sezgin, 2013. "Quantile Estimates for Social Returns to Education in Turkey: 2006-2009," GIAM Working Papers 13-10, Galatasaray University Economic Research Center.
    • Handle: RePEc:ris:giamwp:2013_010
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    References listed on IDEAS

    as
    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.
    2. Robert J. Barro, 1998. "Determinants of Economic Growth: A Cross-Country Empirical Study," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262522543, April.
    3. Daron Acemoglu & Joshua Angrist, 2001. "How Large Are Human Capital Externalities? Evidence from Compulsory Schooling Laws," NBER Chapters, in: NBER Macroeconomics Annual 2000, Volume 15, pages 9-74, National Bureau of Economic Research, Inc.
    4. Gun Sundberg, 2001. "A note to Jaume Puig Junoy and Angel Lopez Nicolas, Assessing health care infrastructure at the regional level: a statistical approach. Applied Economics Letters, 1995, 2, 463-6," Applied Economics Letters, Taylor & Francis Journals, vol. 8(3), pages 209-209.
    5. Joshua D. Angrist & Jörn-Steffen Pischke, 2009. "Mostly Harmless Econometrics: An Empiricist's Companion," Economics Books, Princeton University Press, edition 1, number 8769.
    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.
    8. Galvao Jr, A. F. & Montes-Rojas, G., 2009. "Instrumental variables quantile regression for panel data with measurement errors," Working Papers 09/06, Department of Economics, City University London.
    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.
    10. Matthew Shumway, 2006. "Amenities and Rural Development: Theory, Methods and Public Policy – Edited by G. P. Green, S. C. Deller, and D. W. Marcouiller," Papers in Regional Science, Wiley Blackwell, vol. 85(3), pages 473-475, August.
    11. STRAWINSKI Pawel, 2009. "External Return to Education in Europe," IRISS Working Paper Series 2009-09, IRISS at CEPS/INSTEAD.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    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.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ozan Bakis & Nurhan Davutyan & Haluk Levent & Sezgin Polat, 2010. "External Returns to Higher Education in Turkey," Working Papers 517, Economic Research Forum, revised 04 Jan 2010.
    2. Sophie van Huellen & Duo Qin, 2019. "Compulsory Schooling and Returns to Education: A Re-Examination," Econometrics, MDPI, vol. 7(3), pages 1-20, September.
    3. Filiztekin, Alpay, 2011. "Education-occupation mismatch in Turkish labor market," MPRA Paper 35123, University Library of Munich, Germany.
    4. Maclean, Johanna Catherine & Hill, Terrence D., 2015. "Leaving school in an economic downturn and self-esteem across early and middle adulthood," Labour Economics, Elsevier, vol. 37(C), pages 1-12.
    5. Tushar Agrawal, 2011. "Returns to education in India: Some recent evidence," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2011-017, Indira Gandhi Institute of Development Research, Mumbai, India.
    6. Marcelo Soto, 2006. "The Causal Effect of Education on Aggregate Income," Working Papers 0605, International Economics Institute, University of Valencia.
    7. Paul Verstraten, 2018. "The scope of the external return to higher education," CPB Discussion Paper 381.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    8. Marcelo Soto, 2006. "Estimating the Social Return on Schooling," Papers of the Annual IUE-SUNY Cortland Conference in Economics, in: Oguz Esen & Ayla Ogus (ed.), Proceedings of the Conference on Human and Economic Resources, pages 43-65, Izmir University of Economics.
    9. Hofmarcher, Thomas, 2021. "The effect of education on poverty: A European perspective," Economics of Education Review, Elsevier, vol. 83(C).
    10. Paul Verstraten, 2018. "The scope of the external return to higher education," CPB Discussion Paper 381, CPB Netherlands Bureau for Economic Policy Analysis.
    11. Aysit Tansel & Yousef Daoud, 2011. "Comparative Essays on Returns to Education in Palestine and Turkey," ERC Working Papers 1102, ERC - Economic Research Center, Middle East Technical University, revised May 2011.
    12. Stephen B. Billings & Eric Chyn & Kareem Haggag, 2021. "The Long-Run Effects of School Racial Diversity on Political Identity," American Economic Review: Insights, American Economic Association, vol. 3(3), pages 267-284, September.
    13. William Miles & Samuel Schreyer, 2014. "Is monetary policy non-linear in Latin America? a quantile regression approach to Brazil, Chile, Mexico and Peru," Journal of Developing Areas, Tennessee State University, College of Business, vol. 48(2), pages 169-183, April-Jun.
    14. Aysit Tansel & Yousef Daoud, 2011. "Comparative Essays on Returns to Education in Palestine and Turkey," ERC Working Papers 1102, ERC - Economic Research Center, Middle East Technical University, revised May 2011.
    15. Öhman, Mattias, 2015. "Be smart, live long: the relationship between cognitive and non-cognitive abilities and mortality," Working Paper Series 2015:21, IFAU - Institute for Evaluation of Labour Market and Education Policy.
    16. Amirah El-Haddad & May Gadallah, 2018. "The Informalization of the Egyptian Economy (1998-2012): A Factor in Growing Wage Inequality?," Working Papers 1210, Economic Research Forum, revised 12 Jun 2018.
    17. Merve Kurt & Erdal Gumus, 2021. "Returns on Investment in Education: Evidence from Turkey by Education Level and by Higher Education Program," Hacienda Pública Española / Review of Public Economics, IEF, vol. 238(3), pages 3-28, September.
    18. Madalina Ecaterina POPESCU & Eva MILITARU, 2017. "Short-Term Changes in Wage Distribution after Minimum Wage Increases in Romania," Hyperion Economic Journal, Faculty of Economic Sciences, Hyperion University of Bucharest, Romania, vol. 5(4), pages 63-71, December.
    19. Berdugo, Binyamin & Meir, Uri, 2009. "Education, Rent Seeking and Growth," MPRA Paper 18369, University Library of Munich, Germany.
    20. Gabriele Ruiu & Giovanna Gonano, 2020. "Religious Barriers to the Diffusion of Same-sex Civil Unions in Italy," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 39(6), pages 1185-1203, December.

    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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:giamwp:2013_010. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Renginar Senses Dayangac (email available below). General contact details of provider: https://edirc.repec.org/data/giamgtr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.