The agenda for national development requires a persistent improvement in education as a tool for creating knowledgeable human capital, highly skilled labour, a high technology society and ultimately a highly civilized nation for the future challenging world. It requires considerable financial and technical investment as well as effective and…

The debate concerning the various determinants of economic growth has attracted considerable attention. The argument according to which endogenous growth models explain long-term economic growth is often put forward. Particularly, it is held that the production of knowledge by education induces self-sustained growth. In spite of numerous…

A comparison of the Israel labor market between 1974 and 1983 found that both higher wages and age-earnings profiles were related to higher education levels. For higher education levels, the age-earnings profile presents steeper parabolic shapes. An earnings peak for higher educational levels at later ages was found only for 1974. Technological…

Uses data from Japanese households to calculate the income elasticities of educational expenditure, allowing elasticities to vary nonmonotonically with household income. Explores whether income elasticities for education peak in the middle-income categories and diminish for the lower and upper ends of income distribution. Income elasticities do…

Provides statistical evidence that college athletics may enhance higher education's mission, using National Collegiate Athletic Association data and an alternative measure that captures athletic success for universities over time. Shows that basketball success at colleges and universities has an "advertisement effect" that helps these…

Presents new estimates of social rates of return to high school and four-year college education (1967-88), based on microeconomic U.S. census data. Estimates are compared with real rates of return to investment in plant and equipment and in housing since 1947. Rates of return for investment in high school and plant and equipment are similar. (25…

Measures determinants of out-of-state enrollments in institutions of higher learning throughout the United States. Tobit regression results suggest that college size, status, selectivity, collegiate sports participation, and other factors significantly influence a university's percentage of nonresident student enrollments. The economics of college…

Focuses on a specific federal credit program (the guaranteed student loan program), using the Engle and Granger two-step procedure to estimate an error correction model of commercial student loan supply. Results indicate that the secondary market is an important determinant of commercial student loan lending and that commercial supply is inelastic…

Provides cross-country estimates on private rates of return to higher-education qualifications across various transitional economies spanning Central and Eastern Europe, Russia, and the former Soviet Union. Rates tend to rise in most transitional economies over the period considered. Rate variabilities help explain variabilities in wage…

Uses household survey data for 18 Latin American countries to assess earnings differentials by education level and to chart 1980s changes. Introducing cost of education allows private and social rates of return to education investment to be estimated by education level, gender, employment sector, curriculum type, duration. In most countries,…

Analyzes the determinants of postimmigration investments in education by adult immigrants, using survey data for Australia and OLS, logit, and multinomial logit analysis. Postimmigrration educational attainment varies negatively with age at arrival and positively with duration in destination and preimmigration schooling and occupational status.…

Using 1985 personnel record data from the Portuguese Ministry of Labor, a recent regression analysis found that the average rates of return for schooling in Portugal are in the 9.4 to 10.4 percent range. Large gender and regional earnings differentials exist. Study implications and limitations are discussed. (21 references) (MLH)

Utilizes a large institutional-level data set of four-year U.S. colleges and two-stage least-square estimation to affirm the relationship of college student migration to human capital theory. Small class size, college selectivity, successful academic programs, the availability of diverse cultural alternatives, and highly qualified and productive…

In an analysis of higher education in Fiji, this study incorporates the tax system in a model of the returns to education. Rather than subsidizing higher education, the public generates a significant financial benefit from its funding of higher education, in addition to profits made by the individual student. Contains 27 references. (MLH)

Using 1980-81 and 1990-91 Household Survey data, analyzes educational expansion in Spain, estimating earnings equations for male family heads and comparing rates of return-to-education. Decomposes changes in men's average earnings to assess the contribution of population structure variations and pay-system changes. Returns to secondary education…