Returns to education in India: Some recent evidence

Show simple item record

dc.contributor.author Agrawal, Tushar
dc.date.accessioned 2012-06-04T06:54:54Z
dc.date.available 2012-06-04T06:54:54Z
dc.date.issued 2012-06-04
dc.identifier.uri http://hdl.handle.net/2275/144
dc.description.abstract This paper estimates returns to education in India using a nationally representative survey. We estimate the standard Mincerian wage equation separately for rural and urban sectors. To account for the possibility of sample selection bias, Heckman two-step procedure is used. The findings indicate that returns to education increase with the level of education and differ for rural and urban residents. Private rates of returns are higher for graduation level in both the sectors. In general, the disadvantaged social groups of the society tend to earn lower wages. We find family background is an important determinant affecting the earnings of individuals. Using quantile regression method, we show the effect of education is not the same across the wage distribution. Returns differ considerably within education groups across different points of the wage distribution. Returns to education are positive at all quantiles. The results show that the returns are lower at the bottom quantiles and are higher at the upper quantiles. en_US
dc.language.iso en en_US
dc.relation.ispartofseries WP;WP-2011-017
dc.subject Returns to Education en_US
dc.subject Wage Differential en_US
dc.subject Quantile Regression en_US
dc.subject India en_US
dc.title Returns to education in India: Some recent evidence en_US
dc.type Working Paper en_US

Files in this item

This item appears in the following Collection(s)

Show simple item record

Search DSpace

Advanced Search


My Account