External returns to higher education in Mexico 2000-2010: Retornos externos de la educación superior en México 2000-2010

Mariana Pereira-López; Isidro Soloaga

doi:10.29105/ensayos34.1-1

Authors

Mariana Pereira-López Department of Economics, Universidad Iberoamericana
Isidro Soloaga Department of Economics, Universidad Iberoamericana

DOI:

https://doi.org/10.29105/ensayos34.1-1

Keywords:

Human Capital, Knowledge Spillovers, Education, Wages, Social Returns to Education

Abstract

This paper estimates the external returns to higher education in Mexico using cross-sectional microdata from the 2000 and 2010 censuses’ samples. Results indicate that a one percentage point increase in the share of college graduates in Mexico increases the regression-adjusted average wages of a metropolitan area in more than six percent over a 10-year period. Analyzing whether these effects are mainly due to externalities or to supply movements along a downward sloping demand, it finds that part of the external returns to education is the result of externalities from direct or indirect interaction with these individuals.

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Author Biographies

Mariana Pereira-López, Department of Economics, Universidad Iberoamericana

Department of Economics, Universidad Iberoamericana. Address: Prolongación Paseo de la Reforma 880, Lomas de Santa Fe, Ciudad de México, D.F. C.P. 01219. Office: (55) 5950-4000 ext. 4973.

Isidro Soloaga, Department of Economics, Universidad Iberoamericana

Department of Economics, Universidad Iberoamericana. Address: Prolongación Paseo de la Reforma 880, Lomas de Santa Fe, Ciudad de México, D.F. C.P. 01219. Office: (55) 5950-4303.

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