Returns to Investment in Education : The Case of Turkey
This paper estimates private and social returns to investment in education in Turkey, using the 2017 Household Labor Force Survey and alternative methodologies. The analysis uses the 1997 education reform of increasing compulsory education by three...
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| Format: | Working Paper |
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/639211553175774906/Returns-to-Investment-in-Education-The-Case-of-Turkey http://hdl.handle.net/10986/31448 |
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okr-10986-314482022-09-15T12:18:45Z Returns to Investment in Education : The Case of Turkey Patrinos, Harry Anthony Psacharopoulos, George Tansel, Aysit EDUCATION RETURNS TO EDUCATION LABOR FORCE PARTICIPATION TERTIARY EDUCATION SECONDARY EDUCATION VOCATIONAL EDUCATION This paper estimates private and social returns to investment in education in Turkey, using the 2017 Household Labor Force Survey and alternative methodologies. The analysis uses the 1997 education reform of increasing compulsory education by three years as an instrument. This results in a private rate of return on the order of 16 percent for higher education and a social return of 10 percent. Using the number of children younger than age 15 in the household as an exclusion restriction, the analysis finds that returns to education for females are higher than those for males. Contrary to many findings in other countries, private returns to those working in the public sector are higher than those in the private sector, and private returns to those who followed the vocational track in secondary education are higher than those in the general academic track. The paper discusses the policy implications of the findings. 2019-03-27T14:47:40Z 2019-03-27T14:47:40Z 2019-03 Working Paper http://documents.worldbank.org/curated/en/639211553175774906/Returns-to-Investment-in-Education-The-Case-of-Turkey http://hdl.handle.net/10986/31448 English Policy Research Working Paper;No. 8789 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Europe and Central Asia Turkey |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
EDUCATION RETURNS TO EDUCATION LABOR FORCE PARTICIPATION TERTIARY EDUCATION SECONDARY EDUCATION VOCATIONAL EDUCATION |
| spellingShingle |
EDUCATION RETURNS TO EDUCATION LABOR FORCE PARTICIPATION TERTIARY EDUCATION SECONDARY EDUCATION VOCATIONAL EDUCATION Patrinos, Harry Anthony Psacharopoulos, George Tansel, Aysit Returns to Investment in Education : The Case of Turkey |
| geographic_facet |
Europe and Central Asia Turkey |
| relation |
Policy Research Working Paper;No. 8789 |
| description |
This paper estimates private and social
returns to investment in education in Turkey, using the 2017
Household Labor Force Survey and alternative methodologies.
The analysis uses the 1997 education reform of increasing
compulsory education by three years as an instrument. This
results in a private rate of return on the order of 16
percent for higher education and a social return of 10
percent. Using the number of children younger than age 15 in
the household as an exclusion restriction, the analysis
finds that returns to education for females are higher than
those for males. Contrary to many findings in other
countries, private returns to those working in the public
sector are higher than those in the private sector, and
private returns to those who followed the vocational track
in secondary education are higher than those in the general
academic track. The paper discusses the policy implications
of the findings. |
| format |
Working Paper |
| author |
Patrinos, Harry Anthony Psacharopoulos, George Tansel, Aysit |
| author_facet |
Patrinos, Harry Anthony Psacharopoulos, George Tansel, Aysit |
| author_sort |
Patrinos, Harry Anthony |
| title |
Returns to Investment in Education : The Case of Turkey |
| title_short |
Returns to Investment in Education : The Case of Turkey |
| title_full |
Returns to Investment in Education : The Case of Turkey |
| title_fullStr |
Returns to Investment in Education : The Case of Turkey |
| title_full_unstemmed |
Returns to Investment in Education : The Case of Turkey |
| title_sort |
returns to investment in education : the case of turkey |
| publisher |
World Bank, Washington, DC |
| publishDate |
2019 |
| url |
http://documents.worldbank.org/curated/en/639211553175774906/Returns-to-Investment-in-Education-The-Case-of-Turkey http://hdl.handle.net/10986/31448 |
| _version_ |
1764474353753260032 |