Who Benefits from Higher Education in Low- and Middle-Income Countries?

In this article, we investigate how higher education contributes to the employment and earnings of individuals in labor markets, and whether social origins play a role in the financial benefits from higher education. We focus on these questions in nine low- and middle-income countries: Armenia, Boli...

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Main Authors:	Shafiq, M. Najeeb, Toutkoushian, Robert K., Valerio, Alexandria
Format:	Journal Article
Published:	Taylor and Francis 2019
Subjects:	EDUCATION ECONOMICS TERTIARY EDUCATION EMPLOYMENT LABOR MARKET LABOR FORCE PARTICIPATION EDUCATIONAL ATTAINMENT EARNINGS WAGES
Online Access:	http://hdl.handle.net/10986/32357

id	okr-10986-32357
recordtype	oai_dc
spelling	okr-10986-323572021-05-25T10:54:44Z Who Benefits from Higher Education in Low- and Middle-Income Countries? Shafiq, M. Najeeb Toutkoushian, Robert K. Valerio, Alexandria EDUCATION ECONOMICS TERTIARY EDUCATION EMPLOYMENT LABOR MARKET LABOR FORCE PARTICIPATION EDUCATIONAL ATTAINMENT EARNINGS WAGES In this article, we investigate how higher education contributes to the employment and earnings of individuals in labor markets, and whether social origins play a role in the financial benefits from higher education. We focus on these questions in nine low- and middle-income countries: Armenia, Bolivia, Colombia, Georgia, Ghana, Kenya, Laos, Macedonia, and Vietnam. We use the recent Skills Towards Employability and Productivity (STEP) surveys of urban labor force participants to examine individuals’ educational attainment, labor market participation, and earnings. Using logistic regressions, we find that individuals from disadvantaged origins are less likely to obtain a higher education degree. We find that in most of these countries, individuals who have earned a higher education degree are significantly more likely to be in the labor force and find employment, and enjoy sizable earnings premia. The findings are fairly robust with regard to the samples of individuals examined, and the methods used to measure earnings premia. Finally, we find little evidence that the earnings premia from higher education vary by social origins or the likelihood of an individual completing a degree. These results suggest that the benefits from higher education are comparable for individuals from disadvantaged and advantaged social origins. 2019-09-09T17:10:15Z 2019-09-09T17:10:15Z 2019 Journal Article The Journal of Development Studies 0022-0388 http://hdl.handle.net/10986/32357 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Taylor and Francis Publications & Research :: Journal Article Publications & Research Armenia Bolivia Colombia Georgia Ghana Kenya Lao People's Democratic Republic North Macedonia (Formerly the Former Yugoslav Republic of Macedonia) Vietnam
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	EDUCATION ECONOMICS TERTIARY EDUCATION EMPLOYMENT LABOR MARKET LABOR FORCE PARTICIPATION EDUCATIONAL ATTAINMENT EARNINGS WAGES
spellingShingle	EDUCATION ECONOMICS TERTIARY EDUCATION EMPLOYMENT LABOR MARKET LABOR FORCE PARTICIPATION EDUCATIONAL ATTAINMENT EARNINGS WAGES Shafiq, M. Najeeb Toutkoushian, Robert K. Valerio, Alexandria Who Benefits from Higher Education in Low- and Middle-Income Countries?
geographic_facet	Armenia Bolivia Colombia Georgia Ghana Kenya Lao People's Democratic Republic North Macedonia (Formerly the Former Yugoslav Republic of Macedonia) Vietnam
description	In this article, we investigate how higher education contributes to the employment and earnings of individuals in labor markets, and whether social origins play a role in the financial benefits from higher education. We focus on these questions in nine low- and middle-income countries: Armenia, Bolivia, Colombia, Georgia, Ghana, Kenya, Laos, Macedonia, and Vietnam. We use the recent Skills Towards Employability and Productivity (STEP) surveys of urban labor force participants to examine individuals’ educational attainment, labor market participation, and earnings. Using logistic regressions, we find that individuals from disadvantaged origins are less likely to obtain a higher education degree. We find that in most of these countries, individuals who have earned a higher education degree are significantly more likely to be in the labor force and find employment, and enjoy sizable earnings premia. The findings are fairly robust with regard to the samples of individuals examined, and the methods used to measure earnings premia. Finally, we find little evidence that the earnings premia from higher education vary by social origins or the likelihood of an individual completing a degree. These results suggest that the benefits from higher education are comparable for individuals from disadvantaged and advantaged social origins.
format	Journal Article
author	Shafiq, M. Najeeb Toutkoushian, Robert K. Valerio, Alexandria
author_facet	Shafiq, M. Najeeb Toutkoushian, Robert K. Valerio, Alexandria
author_sort	Shafiq, M. Najeeb
title	Who Benefits from Higher Education in Low- and Middle-Income Countries?
title_short	Who Benefits from Higher Education in Low- and Middle-Income Countries?
title_full	Who Benefits from Higher Education in Low- and Middle-Income Countries?
title_fullStr	Who Benefits from Higher Education in Low- and Middle-Income Countries?
title_full_unstemmed	Who Benefits from Higher Education in Low- and Middle-Income Countries?
title_sort	who benefits from higher education in low- and middle-income countries?
publisher	Taylor and Francis
publishDate	2019
url	http://hdl.handle.net/10986/32357
_version_	1764476379383988224

Who Benefits from Higher Education in Low- and Middle-Income Countries?

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