Are educated workers really more productive?
Abstract
This paper presents a new method for examining the productive nature of education. It outlines an econometric model which simultaneously estimates an earnings function and a production function for workers and the firms where they are employed. This approach permits a direct comparison to be made between the relative wage and relative productivity of workers with different levels of education. Using a unique data set from Ghana, two primary...
Paper Details
Title
Are educated workers really more productive?
Published Date
Feb 1, 2001
Volume
64
Issue
1
Pages
57 - 79
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