A cost-benefit analysis of educational investment in Venezuela: 1989 update.

Autor/inn/en	Fiszbein, Ariel; Psacharopoulos, George
Titel	A cost-benefit analysis of educational investment in Venezuela: 1989 update.
Quelle	In: Economics of education review, 12 (1993) 4, S. 293-298Infoseite zur Zeitschrift PDF als Volltext Link als defekt meldenVerfügbarkeit
Beigaben	Literaturangaben 7; Tabellen 6; Grafiken 1
Sprache	englisch; englische Zusammenfassung
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	0272-7757
DOI	10.1016/0272-7757(93)90063-M
Schlagwörter	Bildung; Bildung; Einkommen; Investition; Venezuela; Einkommen; Investition; Venezuela
Abstract	We use data from the latest Venezuelan Household Survey to access macro priorities among educational investment. An analysis of earnings by educational level reveals persisting, although declining over time, premia to the more educated relative to the less educated. The cost- benefit analysis indicates that primary education is on top of the benefit-cost hierarchy; it yields the highest returns per unit of its low social costs. Higher education exhibitions the lowest returns, mainly due to the high costs of university provision. Secondary education lies in between ... Among the two streams of secondary level, technical / vocational education has less than one percentage point social rate of return advantage over general / academic education - a result taht runs counter to what has been found in other countries. (DIPF/Abstract uebernommen)
Erfasst von	DIPF \| Leibniz-Institut für Bildungsforschung und Bildungsinformation, Frankfurt am Main
Update	1995_(CD)