Higher levels of education for higher private returns: New evidence from Malaysia
ARTICLE
Husaina Banu Kenayathulla
International Journal of Educational Development Volume 33, Number 4, ISSN 0738-0593 Publisher: Elsevier Ltd
Abstract
This study provides new and more accurate information about private rates of return to education (RORE) in Malaysia. Most of the prior studies on RORE have not addressed selectivity bias, and those that have are based on an older data set. The findings suggest that for both males and females, the average private returns to education are highest at the secondary (16.5 percent and 27.2 percent, respectively) and university (15.5 percent and 16.1 percent, respectively) education levels. Thus, it is important to pursue education until the secondary level and further to the university level to capture higher returns to education.
Citation
Kenayathulla, H.B. (2013). Higher levels of education for higher private returns: New evidence from Malaysia. International Journal of Educational Development, 33(4), 380-393. Elsevier Ltd. Retrieved August 7, 2024 from https://www.learntechlib.org/p/196135/.
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International Journal of Educational Development
on January 28, 2019.
International Journal of Educational Development is a publication of Elsevier.
