Skip to main content

The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Journal of Economic Structures Cover Image

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

ProxiesPooledMaleFemaleUrbanRural
Implicit SWEThe mincerianImplicit SWEThe mincerianImplicit SWEThe mincerianImplicit SWEThe mincerianImplicit SWEThe mincerian
 (1)(2)(3)(4)(5)(6)(7)(8)(9)(10)
JHS7.66.15.04.89.26.18.86.13.55.3
SHS11.79.411.110.214.97.611.69.410.18.1
College15.114.818.319.219.313.217.314.818.312.7
ProxyPooledMaleFemaleUrbanRural
Full discountingThe mincerianFull discountingThe mincerianFull discountingThe mincerianFull discountingThe mincerianFull discountingThe mincerian
 (11)(12)(13)(14)(15)(16)(17)(18)(19)(20)
Year school5.9–46.28.911.8–54.99.69.3–51.27.910.4–52.88.96.5–47.37.7