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dc.contributor.authorPurnastuti, Losina
dc.contributor.authorSalim, Ruhul
dc.date.accessioned2017-01-30T10:35:30Z
dc.date.available2017-01-30T10:35:30Z
dc.date.created2015-07-28T20:00:49Z
dc.date.issued2015
dc.identifier.citationPurnastuti, L. and Salim, R. 2015. Externalities and the Social Return to Education in Indonesia. Australian Journal of Labour Economics. 18 (1): pp. 53-74.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/3968
dc.description.abstract

It is widely known that education provides economic benefits to individuals. However, education also has the potential to generate significant externalities. These external effects of education, in Indonesia, are the focus of the current paper. They are investigated using a local labour market (the province) approach. Significant externalities, as high as, or even much higher than, the private return to schooling, are documented, using both OLS and IV estimations. Sensitivity tests involving separate analyses for skill groups along the lines of Moretti (2004a) and Muravyev (2008), indicate that this finding is robust. The results thus strongly support the view that investing in education is more important for aggregate economic outcomes than it is for the individuals who do so. It appears that there is a clear role for the government fostering further expansion of education opportunities in Indonesia.

dc.publisherThe Centre for Labour Market Research, Curtin Business School, Curtin University of Technology
dc.relation.urihttp://business.curtin.edu.au/local/docs/425purnastuti.pdf
dc.subjectExperience
dc.subjectInstrumental
dc.subjectReturns to schooling
dc.subjectEarnings
dc.subjectExternality
dc.titleExternalities and the Social Return to Education in Indonesia
dc.typeJournal Article
dcterms.source.volume18
dcterms.source.number1
dcterms.source.startPage53
dcterms.source.endPage74
dcterms.source.issn1328-1143
dcterms.source.titleAustralian Journal of Labour Economics
curtin.note

Copyright © 2015 The Centre for Labour Market Research. Published with permission.

curtin.accessStatusOpen access


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