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dc.contributor.authorMamun, SAK
dc.contributor.authorTaylor, BR
dc.contributor.authorNghiem, S
dc.contributor.authorRahman, MM
dc.contributor.authorKhanam, R
dc.date.accessioned2021-06-10T05:54:52Z
dc.date.available2021-06-10T05:54:52Z
dc.date.issued2021
dc.identifier.issn0738-0593en_US
dc.identifier.doi10.1016/j.ijedudev.2021.102424en_US
dc.identifier.urihttp://hdl.handle.net/10072/405007
dc.description.abstractThis study estimates the private average rate of return (ARR) and internal rate of return (IRR) to education in rural Bangladesh. Using data from the Bangladesh Integrated Household Survey (BIHS) 2015, we estimate average returns using the Mincerian method and IRR using the full method, accounting for both the direct and indirect costs of schooling. To account for endogeneity and selection bias, we use parental education as an instrumental variable and apply the Heckman correction method. We find an average return of 18 %, an IRR of 12 % for tertiary education, 4.86 % for secondary, and 5.24 % for primary. In the agricultural sector specifically, however, returns to tertiary education are more in line with primary and secondary education.en_US
dc.description.peerreviewedYesen_US
dc.languageenen_US
dc.publisherElsevier BVen_US
dc.relation.ispartofpagefrom102424en_US
dc.relation.ispartofjournalInternational Journal of Educational Developmenten_US
dc.relation.ispartofvolume84en_US
dc.subject.fieldofresearchSpecialist Studies in Educationen_US
dc.subject.fieldofresearchcode1303en_US
dc.titleThe private returns to education in rural Bangladeshen_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Articlesen_US
dcterms.bibliographicCitationMamun, SAK; Taylor, BR; Nghiem, S; Rahman, MM; Khanam, R, The private returns to education in rural Bangladesh, International Journal of Educational Development, 2021, 84, pp. 102424en_US
dcterms.licensehttp://creativecommons.org/licenses/by-nc-nd/4.0/en_US
dc.date.updated2021-06-08T03:27:17Z
dc.description.versionAccepted Manuscript (AM)en_US
gro.rights.copyright© 2021 Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Licence (http://creativecommons.org/licenses/by-nc-nd/4.0/) which permits unrestricted, non-commercial use, distribution and reproduction in any medium, providing that the work is properly cited.en_US
gro.hasfulltextFull Text
gro.griffith.authorNghiem, Son H.


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