The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 8 The summary of return to education from the full discounting method and the Mincer Equation (%)
From: Return to education and financial value of investment in higher education in Indonesia
Proxies | Pooled | Male | Female | Urban | Rural | |||||
|---|---|---|---|---|---|---|---|---|---|---|
Implicit SWE | The mincerian | Implicit SWE | The mincerian | Implicit SWE | The mincerian | Implicit SWE | The mincerian | Implicit SWE | The mincerian | |
(1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | |
JHS | 7.6 | 6.1 | 5.0 | 4.8 | 9.2 | 6.1 | 8.8 | 6.1 | 3.5 | 5.3 |
SHS | 11.7 | 9.4 | 11.1 | 10.2 | 14.9 | 7.6 | 11.6 | 9.4 | 10.1 | 8.1 |
College | 15.1 | 14.8 | 18.3 | 19.2 | 19.3 | 13.2 | 17.3 | 14.8 | 18.3 | 12.7 |
Proxy | Pooled | Male | Female | Urban | Rural | |||||
|---|---|---|---|---|---|---|---|---|---|---|
Full discounting | The mincerian | Full discounting | The mincerian | Full discounting | The mincerian | Full discounting | The mincerian | Full discounting | The mincerian | |
(11) | (12) | (13) | (14) | (15) | (16) | (17) | (18) | (19) | (20) | |
Year school | 5.9–46.2 | 8.9 | 11.8–54.9 | 9.6 | 9.3–51.2 | 7.9 | 10.4–52.8 | 8.9 | 6.5–47.3 | 7.7 |