Education returns of wage earners and self-employed workers: Portugal vs. Spain

  1. García-Mainar, I. 1
  2. Montuenga-Gómez, V.M. 2
  1. 1 Universidad de Zaragoza
    info

    Universidad de Zaragoza

    Zaragoza, España

    ROR https://ror.org/012a91z28

  2. 2 Universidad de La Rioja
    info

    Universidad de La Rioja

    Logroño, España

    ROR https://ror.org/0553yr311

Revista:
Economics of Education Review (Ed. impresa)

ISSN: 0272-7757

Año de publicación: 2005

Volumen: 24

Número: 2

Páginas: 161-170

Tipo: Artículo

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DOI: 10.1016/J.ECONEDUREV.2004.07.004 SCOPUS: 2-s2.0-11944266347 WoS: WOS:000228006600003 GOOGLE SCHOLAR

Otras publicaciones en: Economics of Education Review (Ed. impresa)

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Resumen

This paper investigates the returns to education in two Southern EU countries, Portugal and Spain, both characterized by a relatively high self-employment rate. The impact of education on both wage earners and the self-employed is analyzed by using a comparable data set coming from the European Community Household Panel during the period 1994-2000. To correct for the ability bias and recover the education coefficients, an Efficient Generalized Instrumental Variable technique is applied. Results show that returns are different across the two countries as well as across the two employment statuses. © 2004 Elsevier Ltd. All rights reserved.