The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 7 The OLS estimates of earning function using years of schooling and level of education.
From: Return to education and financial value of investment in higher education in Indonesia
Variable | Pooled | Male | Female | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Years | Level | Years | Level | Years | Level | |||||||
(1) | (2) | (3) | (4) | (5) | (6) | |||||||
Constant | 7.767,363 (0.071)*** | 8.336,806 (0.058)*** | 7.770,708 (0.090)*** | 8.414,423 (0.074)*** | 7.805,618 (0.111)*** | 8.304,402 (0.091)*** | ||||||
Year schooling | 0.08918 (0.003)*** | 0.096,407 (0.005)*** | 0.078914 (0.005)*** | |||||||||
Junior HS | 0.18405 (0.029)*** | 0.142827 (0.039)*** | 0.182,073 (0.043)*** | |||||||||
Senior HS | 0.466,372 (0.028)*** | 0.447,605 (0.037)*** | 0.409,171 (0.043)*** | |||||||||
College | 0.908,944 (0.037)*** | 1.02,497 (0.051)*** | 0.804,217 (0.055)*** | |||||||||
Exp | 0.01,256 (0.004)*** | 0.013,922 (0.004)*** | 0.018,512 (0.005)*** | 0.020,914 (0.005)*** | 0.010,172 (0.006)* | 0.011,435 (0.006)** | ||||||
Exp_sq | − 0.0003 (0.000)*** | − 0.0003 (0.000)*** | − 0.0003 (0.000)*** | − 0.0004 (0.000)*** | − 0.0004 (0.000)*** | − 0.0004 (0.000)*** | ||||||
Tenure | 0.034 (0.003)*** | 0.034 (0.003)*** | 0.030 (0.004)*** | 0.030 (0.004)*** | 0.033 (0.005)*** | 0.033 (0.005)*** | ||||||
Tenure_sq | (0.001) (0.000)*** | (0.001) (0.000)*** | (0.001) (0.000)*** | (0.001) (0.000)*** | (0.001) (0.000)*** | (0.001) (0.000)*** | ||||||
Rural | − 0.13,557 (0.021)*** | − 0.137 (0.021)*** | − 0.132 (0.028)*** | − 0.136 (0.028)*** | − 0.144 (0.031)*** | − 0.147 (0.031)*** | ||||||
R-Squared | 0.0734 | 0.074 | 0.081 | 0.085 | 0.073 | 0.074 | ||||||
N | 14,852 | 14,852 | 7612 | 7612 | 7240 | 7240 | ||||||