Analysis of the Evolution and Characterization of the Demand for Higher Education in Colombia

43 Pages Posted: 16 Apr 2012 Last revised: 22 Apr 2012

See all articles by Jhon James Mora

Jhon James Mora

Universidad Icesi; Universidad ICESI; Universidad ICESI - Economics & Management

Carlos Giovanni Gonzales

Universidad ICESI - Economics & Management

Cecilia Albert

Alcala University

Date Written: December 1, 2011

Abstract

The purpose of this paper is to provide a review of economic literature regarding theories that analyze the demand for higher education from a microeconomic perspective. Some of the noteworthy fundamental theories included in this review include Becker's (1983) theory of human capital and some of its major criticism. This paper also presents a theoretical discussion of the differences between mandatory and post-mandatory education (at a university level). Additionally, it discusses the determining factors of post-mandatory education in industrialized countries as compared with those in developing countries. The final comments and recent bibliographic references are provided at the end of the document.

Note: Downloadable document is in Spanish.

Keywords: Demand for Higher Education, Choice Discrete models, Robust Estimation

JEL Classification: I20, J12, C35

Suggested Citation

Mora Rodriguez, Jhon James and Mora Rodriguez, Jhon James and Mora Rodriguez, Jhon James and Gonzales, Carlos Giovanni and Albert, Cecilia, Analysis of the Evolution and Characterization of the Demand for Higher Education in Colombia (December 1, 2011). Universidad Icesi Department of Economics Research Paper No. 28, Available at SSRN: https://ssrn.com/abstract=2039493 or http://dx.doi.org/10.2139/ssrn.2039493

Jhon James Mora Rodriguez (Contact Author)

Universidad Icesi ( email )

Calle 18 #122-135
A.A. 25608
Cali
Colombia
5552334 ext 419 (Phone)

HOME PAGE: http://www.icesi.edu.co/~jjmora/

Universidad ICESI ( email )

Calle 18 #122-135
A.A. 25608
Cali
Colombia
5552334 ext 419 (Phone)

HOME PAGE: http://www.icesi.edu.co/~jjmora/

Universidad ICESI - Economics & Management ( email )

Cali
Colombia

Carlos Giovanni Gonzales

Universidad ICESI - Economics & Management ( email )

Cali
Colombia

Cecilia Albert

Alcala University ( email )

Economics Department
Madrod
Spain

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