摘要:This paper estimates the external returns to higher education in Mexico using cross-sectional microdata from the 2000 and 2010 censuses’ samples. Results indicate that a one percentage point increase in the share of college graduates in Mexico increases the regression-adjusted average wages of a metropolitan area in more than six percent over a 10-year period. Analyzing whether these effects are mainly due to externalities or to supply movements along a downward sloping demand, it finds that part of the external returns to education is the result of externalities from direct or indirect interaction with these individuals.
其他摘要:This paper estimates the external returns to higher education in Mexico using cross-sectional microdata from the 2000 and 2010 censuses’ samples. Results indicate that a one percentage point increase in the share of college graduates in Mexico increases the regression-adjusted average wages of a metropolitan area in more than six percent over a 10-year period. Analyzing whether these effects are mainly due to externalities or to supply movements along a downward sloping demand, it finds that part of the external returns to education is the result of externalities from direct or indirect interaction with these individuals.
关键词:Capital human;Externalidades del conocimiento;Educación;Salarios;Retornos sociales a la educación
其他关键词:Human Capital;Knowledge Spillovers;Education;Wages;Social Returns to Education