Economic returns to schooling in a less developed country: evidence for Indonesia
Access Status
Open access
Authors
Purnastuti, Losina
Miller, Paul
Salim, Ruhul
Date
2011Type
Conference Paper
Metadata
Show full item recordCitation
Purnastuti, Losina and Miller, Paul and Salim, Ruhul. 2011. Economic returns to schooling in a less developed country: evidence for Indonesia, in Tsounis, Nicholas and Vlachvei, Aspasia and Gaetano, Martino, and Monovasilis, Theodoros (ed), International Conference of Applied Economics, Aug 25 2011, pp. 495-502. Italy: Department of Economics and Food Sciences, University of Perugia, Italy
Source Title
Proceedings: international conference on applied economics
Source Conference
International Conference of Applied Economics
ISBN
School
School of Economics and Finance
Collection
Abstract
The purpose of this study is to provide an update of the empirical evidence on the private return to schooling in Indonesia using sample data from Indonesian Family Life Survey 4 (IFLS 4). The augmented Mincerian model is utilised to quantify the private return to schooling. The main result obtained indicates that the return to schooling in Indonesia is relatively low compare to other Asian and Less Developed Countries. It is also found that return to schooling for females are significantly different from those of males.
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