Arbeitspapier

What drives social returns to education? A meta-analysis

Education can generate important externalities that contribute towards economic growth and convergence. In this paper, we study the drivers of such externalities by conducting the first meta-analysis of the social returns to education literature. We analyse over 1,000 estimates from 31 articles published since 1993 that cover 15 countries. Our results indicate that: 1) spillovers slow down with economic development; 2) tertiary schooling and schooling dispersion increase spillovers; 3) spillovers are smaller under fixed-effects and IV estimators but larger when measured at the firm level; and 4) there is publication bias (but not citation bias).

Sprache
Englisch

Erschienen in
Series: GLO Discussion Paper ; No. 706

Klassifikation
Wirtschaft
Returns to Education
Education: Government Policy
Human Capital; Skills; Occupational Choice; Labor Productivity
Wage Level and Structure; Wage Differentials
Multiple or Simultaneous Equation Models: Instrumental Variables (IV) Estimation
Thema
returns to education
education externalities

Ereignis
Geistige Schöpfung
(wer)
Cui, Ying
Martins, Pedro S.
Ereignis
Veröffentlichung
(wer)
Global Labor Organization (GLO)
(wo)
Essen
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Cui, Ying
  • Martins, Pedro S.
  • Global Labor Organization (GLO)

Entstanden

  • 2020

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