A Multilevel Analysis of the Returns to Education in Ecuador. The Multifaceted Impact of Human Capital

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 a...

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Bibliographic Details
Main Authors: Orellana Mercy Raquel, Răileanu Szeles Monica, Argudo Barrera Dalia Maritza
Format: Article
Language:English
Published: Editura Universităţii „Alexandru Ioan Cuza” din Iaşi / Alexandru Ioan Cuza University of Iasi Publishing house 2016-12-01
Series:Scientific Annals of Economics and Business
Subjects:
Online Access:http://www.degruyter.com/view/j/saeb.2016.63.issue-s1/saeb-2016-0133/saeb-2016-0133.xml?format=INT
Description
Summary: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.
ISSN:2501-3165