0000000000059277
AUTHOR
Linda Romele
ESTIMATION OF THE PRIVATE AND SOCIAL RATE OF RETURN FROM EDUCATION IN LATVIA
IZGLĪTĪBAS PRIVĀTĀS UN SOCIĀLĀS ATDEVES NOVĒRTĒJUMS LATVIJĀ Anotācija Promocijas darba mērķis ir novērtēt izglītības ietekmi uz darba samaksu un darba produktivitāti indivīda un sabiedrības līmenī Latvijā, kā arī izstrādāt priekšlikumus izglītības nozīmes paaugstināšanai un atdeves novērtējuma lietošanai. Lai novērtētu izglītības privāto atdevi, tiek izmantota Mincera ienākumu funkcija, kā arī profesora E. de la Fuentes metodoloģija. Novērtējot sociālo atdevi, autore aprēķināja vīriešu un sieviešu (ar augstāko izglītību) cilvēkkapitālu laika posmā no 2000. līdz 2010. gadam un iegūtos rezultātus lietoja ražošanas funkcijā, aprēķinot izglītības ietekmi uz darba produktivitāti. Autore aprēķinā…
ESTIMATION OF PRIVATE AND SOCIAL RATES OF RETURN TO INVESTMENTS IN EDUCATION IN LATVIA
The main aim of the paper is to evaluate the rates of return to investments in education at individual and society level as well. The task of the paper is to provide detailed analysis and estimation of the variables which impact the private and social rates of return. It is based on Professor Angel de la Fuente methodology complemented by Mincer earnings function and non-parametric DEA (Data Envelopment Analysis) method to estimate world technological frontier and the technological gap. For this purpose the authors build the matrix with respective years of schooling depending from level of schooling and birth of year taking into account the differences in schooling system since 1940ties. Th…
ESTIMATION OF RATES OF RETURN TO INVESTMENTS IN EDUCATION IN LATVIA
The aim of the article is to prove the positive impact of education on work salary. For this purpose, the main task of the article is toestimate the Mincer rate of return by taking several factors into account. A secondary task of the research is to analyze the results of2010 and 2011 and to find explanations for the significant differences between the two years. The results of research and a detailedanalysis of the labour market indicate a positive return from attainment of education at an individual level, and they strengthen thehypothesis about a correlation among higher education attainment, higher employment levels and welfare. So far, the Mincer rate ofreturn has not been widely used …