Returns to Education in Azerbaijan : Some New Estimates | |
Garcia Moreno, Vicente ; Patrinos, Harry Anthony | |
World Bank, Washington, DC | |
关键词: EDUCATION; RETURNS TO EDUCATION; EDUCATION INVESTMENT; TERTIARY EDUCATION; | |
DOI : 10.1596/1813-9450-9117 RP-ID : WPS9117 |
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学科分类:社会科学、人文和艺术(综合) | |
来源: World Bank Open Knowledge Repository | |
【 摘 要 】
This paper estimates private and socialreturns to investment in education in Azerbaijan, using the2015 Azerbaijan Monitoring Survey for Social Welfare. Theprivate rate of return to education is 6 percent; this isthe first estimate of returns to schooling in Azerbaijansince 1995. The returns to schooling are 6 percent for menand 8 percent for women, even controlling for selection. Inaddition, the paper estimates the returns for highereducation; for this level, the rate of return is 9 percent.Finally, using the full discount method, the private rate ofreturn to tertiary education is 9 percent, and the socialrate of return is 8 percent. One policy implication is tore-examine the funding of higher education and for its expansion.
【 预 览 】
Files | Size | Format | View |
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Returns-to-Education-in-Azerbaijan-Some-New-Estimates.pdf | 317KB | download |