Human capital and job opportunities according to educational level in Perú
PDF
HTML

Keywords

Labor income
returns to education
Mincer equation
Heckman methodology

How to Cite

Carrasco ChoqueF., & Castillo AraujoR. F. (2021). Human capital and job opportunities according to educational level in Perú. Universidad Ciencia Y Tecnología, 25(110), 48-57. https://doi.org/10.47460/uct.v25i110.475

Abstract

Education promotes progress and economic and social growth, improves the quality of life of the population. The first objective of the study was to identify people's income according to the years of schooling, the second was to estimate the income gap according to gender, residence and working conditions, the third was to identify the return of education, work experience towards the income of the Peruvian inhabitants. Parametric tests and the two-stage Heckman model were used to obtain the results. The data come from the National Household Survey. Income differs according to schooling. There are gaps in earned income. For one more year of education, the monetary return amounts to 12,46%, if it is a woman, it is 13,23%, if it is a man, it is 11,51%, if it resides in an urban area it amounts to 10,62%, if it is a resident in rural areas it amounts to 9,83%.

Keywords: Labor income, returns to education, Mincer equation, Heckman methodology.

References

[1]J. Mincer, “Schooling, Experience, and Earnings,” Natl. Bur. Econ. Res., 1974, [Online]. Available: https://www.nber.org/books-and-chapters/schooling-experience-and-earnings.

[2]T. W. Schultz, “Investment in Human capital,” Am. Econ. Rev., vol. Vil. (1)2, 1961.

[3]J. Freire and M. Teijeiro, “Las ecuaciones de Mincer y las tasas de rendimiento de la educación en Galicia,” Investig. Econ. la Educ. 5 - Univ. A Coruña, 2010.

[4]K. Ogundari and A. Abdulai, “Determinants of Household’s Education and Healthcare Spending in Nigeria: Evidence from Survey Data,” African Dev. Rev., vol. Vol. 26, N, pp. 1–14, 2014.

[5]C. Montenegro and H. Patrinos, “Comparable estimates of returns to schooling around the world,” Policy Res. Work. Pap. Ser. 7020, World Bank., 2014.

[6]G. Fink and E. Peet, “Returns to Education in Low and Middle-Income Countries: Evidence from the Living Standards and Measurement Surveys,” Progr. Glob. Demogr. Aging Harvard Univ., vol. PGDA Worki, 2014, [Online]. Available: https://cdn1.sph.harvard.edu/wp-content/uploads/sites/1288/2015/06/PGDA_WP_120_Fink.pdf.

[7]L. Godínez, E. Figueroa, and F. Pérez, “Rentabilidad privada de la educación en el Estado de México,” Papeles Poblac. - Univ. Auton. Mex., vol. Vol. 22 N°, 2016.

[8]M. Diaz, “Brecha Salarial por Género en Colombia.,” Econ. y Finanz. Int. - Univ. la Sabana - Colomb., 2014.

[9]M. Urroz and M. Salgado, “La relación entre educación e ingresos: estimación de las diferencias salariales por nivel educativo alcanzado,” Fund. Zamora Terán, 2014.

[10]E. Tarupi, “El capital humano y los retornos a la educación en Ecuador,” Gest. - Rev. Int. Adm., 2015, [Online]. Available: https://revistas.uasb.edu.ec/index.php/eg/article/view/571.

[11]R. Arpi and L. Arpi, “Retornos Heterogeneos a La Educación En el Mercado Laboral Peruano, 2015,” Rev. Investig. Altoandina, vol. Vol. 18, 2016.

[12]R. Paz and J. C. Quilla, “Retornos a la Educación de los Jefes de Hogar en la Región de Puno, 2011 – 2015,” Rev. Investig. Altoandina, vol. V. 18, 2016.

[13]INEI, “Instituto Nacional de Estadistica e Informatica - Evolucion de la Pobreza Monetaria 2008 - 2019,” 2020. [Online]. Available: https://www.inei.gob.pe/media/cifras_de_pobreza/informe_pobreza2019.pdf.

[14]A. Smith, An Inquiry into the Nature and Causes of the Wealth of Nations. Londres: Londres - Reino Unido, 1776.

[15]G. Becker, “A Theory of the Allocation of Time,” Econ. J., vol. Vol. 75 N°, p. pp.493-517, 1964.

[16]R. Hernández, C. Fernández, and M. del P. Baptista, Metodologia de la Investigación, vol. 6ta Ed. 2014.

[17]W. Mendoza, Cómo Investigan los Economistas, 1ra Ed. Lima - Perú, 2014.

[18]D. Alfaro and E. Guerrero, “Brechas de genero en el ingreso: Una mirada mas alla de la media en el sector agropecuario,” Consorc. Investig. Econ. y Soc. - CIES, 2013, [Online]. Available: http://cies.org.pe/sites/default/files/investigaciones/1_informe_final_pb19_-_alfaro_y_guerrero_final.pdf.

[19]J. Wooldridge, Introduccion a la Econometria. Un enfoque moderno, 4ta Ed. Mexico, D.F., 2009.

[20]D. Gujarati and D. Porter, Econometría. 2010.

https://doi.org/10.47460/uct.v25i110.475
PDF
HTML
Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Downloads

Download data is not yet available.