A Multilevel Analysis of the Returns to Education in Ecuador. The Multifaceted Impact of Human Capital
| Autor: | Monica Raileanu Szeles, Mercy Raquel Orellana Bravo, Dalia Maritza Argudo Barrera |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Labour economics
05 social sciences Multilevel model Variance (accounting) lcsh:Business variance General Business Management and Accounting Human capital 0502 economics and business Economics Econometrics 050207 economics lcsh:HF5001-6182 General Economics Econometrics and Finance Random intercept regional heterogeneity return to education 050205 econometrics |
| Zdroj: | Scientific Annals of Economics and Business, Vol 63, Iss s1, Pp 1-19 (2016) |
| ISSN: | 2501-3165 |
| DOI: | 10.1515/saeb-2016-0133 |
| Popis: | This paper analyses the returns to education in Ecuador based on cross-sectional data collected by a National Survey at the individual- and canton-levels in 2005 and 2015. The multilevel analysis provides the methodological framework that allows capturing the regional peculiarities of data as well as addressing the high regional economic heterogeneity. The two level- random intercept and random slope models are used to examine the impact of individual-level and canton-level characteristics on the labour income. In subsidiary, the paper explains the proportion of variance in individual- level income that is explained by canton- level characteristics. |
| Databáze: | OpenAIRE |
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