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Direct linkCornacchione, Edgard; Daugherty, Jenny L. – New Horizons in Adult Education & Human Resource Development, 2013
The purpose of this study was to explore opportunity costs of postsecondary education in the U.S. in the past three decades (1975-2005), as a measure to support investment decisions at national levels and as experienced by individuals deciding on pursuing further education. Based on human capital theory and inspired by a set of studies aiming at…
Descriptors: Human Capital, Human Resources, Labor Force Development, Models
Narayan, Paresh Kumar; Smyth, Russell – Education Economics, 2006
This paper employs cointegration and error-correction modelling to test the causal relationship between real income, real investment and tertiary education using data for the People's Republic of China over the period 1952-1999. To proxy tertiary education we use higher education enrolments and higher education graduates in alternative empirical…
Descriptors: Foreign Countries, Higher Education, Income, Investment
