MEASUREMENT ERROR BIAS IN RETURNS TO EDUCATION: EVIDENCE FROM A DEVELOPING COUNTRY - SRI LANKA
0
조회
0
다운로드
0
인용
0
참고문헌
키워드
초록
There is a continuing debate about the size and direction of the bias in estimates of returns to education. Evidence from developing countries is particularly scarce. This paper addresses the problem of measurement error bias in returns to schooling for Sri Lanka, by exploiting dual measurements of reported schooling for a sub-sample of the data and deriving a reliability estimate of schooling. This is used to obtain measurement error corrected fixed effects estimates of the proportionate increase associated with an additional level of schooling. This corrected measure is 5.5%, which is less than the OLS estimate of 7.8% for two person households.
Abstract
There is a continuing debate about the size and direction of the bias in estimates of returns to education. Evidence from developing countries is particularly scarce. This paper addresses the problem of measurement error bias in returns to schooling for Sri Lanka, by exploiting dual measurements of reported schooling for a sub-sample of the data and deriving a reliability estimate of schooling. This is used to obtain measurement error corrected fixed effects estimates of the proportionate increase associated with an additional level of schooling. This corrected measure is 5.5%, which is less than the OLS estimate of 7.8% for two person households.
참고문헌 (23)
- Arias, O., "Individual Heterogeneity in the Returns to Schooling; Instrumental Variables Quantile Regression Using Twins Data", Empirical Economics, 26(1), pp.7~40 (2001)
- Estimates of the Returns to Schooling from Sibling Data; Fathers, Sons and Brothers, "Ashenfelter, O.", University of Princeton, ~, pp.318 (1993)
- Ashenfelter, O., "Estimates of the Economic Return to Schooling from a New Sample of Twins", American Economic Review, 84(5), pp.1157~1173 (1994)
- Ashenfleter, O., "Income, Schooling & Ability; Evidence from a New Sample of Twins", Quarterly Journal of Economics, 113(1), pp.253~284 (1998)
- Earnings Functions and Rates of Return to Education in Sri Lanka, "Aturupane, H.", University of Colombo, Sri Lanka., ~, pp.970 (1997)
- Aturupane, H., "Education and Poverty in Sri Lanka, Colombo: Ministry of Planning, Sri Lanka. (Background Paper for the Sri Lanka Poverty Assessment, 1999)", ~ (1998)
- Behrman, J.R., "Ability Biases in Schooling Returns and Twins; A Test and New Estimates", Economics of Education Review, 18(2), pp.159~167 (1999)
- Estimating the Returns to Schooling; Progress on Some Persistent Econometric Problems, "Card, D.", National Bureau of Economic Research, ~, pp.7769 (2000)
- Card, D., "The Causal Effect of Education on Earnings in: The Handbook of Labor Economics", Elsevier Science, 3 (1999)
- Card, D., "Earnings, Schooling and Ability Revisited", Research in Labor Economics, 14 (1995)
- Chesher, A., "“Measurement Error Bias Reduction,” Discussion Paper, 98", 449, Bristol: Department of Economics, University of Bristol, 1998
- Dufflo, E., "Schooling and Labor Market Consequences of School Construction in Indonesia; Evidence from an Unusual Policy Experiment", American Economic Review, 91(4), pp.795~813 (2001)
- Griliches, Z., "Estimating the Returns to Schooling; Some Econometric Problems", Econometrica, 45(1), pp.1~22 (1977)
- Hertz, T., "Upward Bias in the Estimated Returns to Education; Evidence from South Africa", American Economic Review, 93(4), pp.1354~1368 (2003)
- Estimating Returns to Schooling When Schooling is Misreported, "Kane, T.", National Bureau of Economic Research, ~, pp.7235 (1999)
- Interpreting Instrumental Variables Estimates of the Returns to Schooling, "Kling, J.", National Bureau of Economic Research, ~, pp.7989 (2000)
- Mincer, J., "Schooling, Experience and Earnings" (1974), Columbia University Press
- Ranasinghe, R., "Returns to Schooling, Mobility and the Gender Wage Gap; Evidence from Sri Lanka and India", 박사, pp.2004
- Ranasinghe, A., "Investment in Post-compulsory Education in Sri Lanka" (1997), Tinbergen Institute
- Ranasinghe, A., "Free Education in Sri Lanka; Does it Eliminate the Family Effect", Economics of Education Review, 21(6), pp.623~633 (2002)
- Further Estimates of the Economic Return to Schooling from a New Sample of Twins, "Rouse, C.", Princeton University, ~, pp.388 (1998)
- The World Bank, "“Sri Lanka Social Services; A Review of Recent Trends and Issues,” Report, 17748-CE, Washington, DC: Poverty Reduction and Economic Management, South Asia Region, The World Bank", ~ (1998)
- The World Bank, "Sri Lanka Poverty Assessment" (2000), The World Bank