The Returns to Education Based on Level of Education: Case of Kuwait

European Business Research Conference Proceedings, 2012

22 Pages Posted: 16 Aug 2012

See all articles by Humoud Alqattan

Humoud Alqattan

Public Authority for Applied Education and Training (PAAET)

Lampros Stergioulas

Brunel University London - School of Information Systems, Computing and Mathematics

Jamal Al-Zayer

King Fahd University of Petroleum & Minerals (KFUPM)

Date Written: August 16, 2012

Abstract

This paper estimates the rate of return to education for Kuwaiti males and females in 2010 for individual Data from Kuwait Civil Service Commission. The researcher adaption the Mincer earnings function for estimating private rate of return to education. The results in the regression model show a positive and economically significant parameter coefficient for education and negative returns to coefficient for more experience. The estimated rate of return for females is relatively higher than males. The average estimated return to education is 5.2%; the estimated return for females 6.7%; for males 5.5%.

Keywords: Kuwait Education, rate of return to education (RORE), Mincer equation, earning equation

Suggested Citation

Alqattan, Humoud and Stergioulas, Lampros and Al-Zayer, Jamal, The Returns to Education Based on Level of Education: Case of Kuwait (August 16, 2012). European Business Research Conference Proceedings, 2012 , Available at SSRN: https://ssrn.com/abstract=2130636

Humoud Alqattan (Contact Author)

Public Authority for Applied Education and Training (PAAET) ( email )

P.O. Box 23167
Safat, 13092
Kuwait

Lampros Stergioulas

Brunel University London - School of Information Systems, Computing and Mathematics ( email )

United Kingdom

Jamal Al-Zayer

King Fahd University of Petroleum & Minerals (KFUPM) ( email )

Dhahran, 31261
Saudi Arabia

HOME PAGE: http://www.kfupm.edu.sa

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