The total return to higher education is the rate of return based on earnings plus non-monetary private and social benefits beyond earnings that captures higher education's contribution to development.A theory of endogenous development offers a new scholarly contribution where firm and household...

A simplified medium term dynamic model of endogenous growth is used to analyze education externalities. Returns include direct but also indirect effects from education on growth and development. Indirect effects are externalities because they arise as the result of the education of others and...

This paper estimates the net education effects on economic growth as well as non-market delayed effects on health, poverty, political stability, and other key measures of economic development in Africa. It seeks to do this more comprehensively than this has been done before, as well as to...

The objectives of this research project were to seek economic theory under which the rate of return and manpower requirement approach are logically consistent with one another and to use this to interpret and explain the empirical results in Indonesia. The rate of return analysis was conducted...

This study consists of basic research on rates of return to higher education in Indonesia. Four different techniques to estimate rates of return are employed: the pure internal rate of return, the Mincer earnings function, the Cobb-Douglas production function, and the nested-CES production...

Includes bibliographical references (p. 17).

The central theme of this thesis is the role of human capital as a major source of economic growth and reduced inequality of personal income distribution. This thesis develops a model of economic growth based upon human capital theory and the "capital-skill complementarity hypothesis". Using a...

The central focus of this research is to explore the role of human capital as a source of economic growth in Korea. This paper considers the relation of education to per-capita growth in the medium term in seven East-Asian countries. This includes in addition to basic education the relation of...

Essay one is concerned with how and why an individual invests in human capital and how tax policy affects investment in human capital. We examine optimal investment in human capital and the effect of tax policy on human capital formation, and test several hypotheses derived from the theory using...

This paper estimates the effects of human capital skills created through education on life’s chances over the life cycle. Educational qualifications as a measure of these skills increase earnings, and generate private and social non-market benefits beyond earnings. Private non-market benefits...