Differences among Costa Rican public and private tertiary education: returns and overeducation

Revista de Ciencias Económicas

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Title Differences among Costa Rican public and private tertiary education: returns and overeducation
Diferencias entre la educación universitaria pública y privada costarricense: rendimientos y calificación del trabajo
 
Creator Blanco, Laura Cristina
Sauma Chacón, María José
 
Subject EDUCATIONAL OUTCOMES
SCHOOLING
HIGHER EDUCATION
HUMAN CAPITAL
MINCER EARNINGS FUNCTION
RETURNS TO EDUCATION
OCCUPATIONAL CHOICE
RESULTADOS EDUCATIVOS
EDUCACIÓN
EDUCACIÓN SUPERIOR
CAPITAL HUMANO
FUNCIONES DE INGRESO DE MINCER
TASAS DE RETORNO DE LA EDUCACIÓN
DECISIÓN OCUPACIONAL
 
Description Overeducation rates were estimated for the Costa Rican graduate working population using the National Household Survey 2011-2017. Further on, Mincerian wage equations were estimated using ordinary least squares to analyze the existing relationship between wages and the type of university attended, degree subject, area and skill mismatches. Results show that attending a public university is associated with a wage premium ranging from 4.7% to 9.5%. This premium varies by degree subject, but public universities exhibit an advantage in most cases. For elderly cohorts, the premium associated with being a graduate from a public university disappears. Genuine overeducation is not found to be a problem in the Costa Rican labor market, despite the existence of a considerable percentage of apparently overeducated graduates; and this percentage is found to be higher among public universities alumni.
Se estimaron los niveles de sobreeducación para la población costarricense graduada de estudios superiores utilizando la Encuesta Nacional de Hogares 2011-2017. Posteriormente, se estimaron ecuaciones de Mincer mediante mínimos cuadrados ordinarios para analizar la relación existente entre el salario y el tipo de centro educativo, el área de estudio y el tipo de emparejamiento laboral. Se encuentra que estudiar en una universidad pública se asocia con un premio que oscila entre 4,7% y 9,5%. Este premio, además, varía por área de estudio, aunque se encuentra que las universidades públicas mantienen su ventaja en la mayoría de los casos. Para las cohortes de mayor edad, el premio por estudiar en una universidad pública desaparece. Además, se encuentra que no existe un problema por genuina sobreeducación en el mercado laboral costarricense, aunque sí existe un porcentaje importante de personas aparentemente sobreeducadas, el cual es mayor entre quienes estudiaron en universidades públicas.
 
Publisher Universidad de Costa Rica
 
Date 2020-06-29
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
audio/mpeg
application/epub+zip
 
Identifier https://revistas.ucr.ac.cr/index.php/economicas/article/view/39039
10.15517/rce.v38i1.39039
 
Source Revista de Ciencias Económicas; Vol 38 No 1 (2020): Revista de Ciencias Económicas: (January - June); 7-40
Revista de Ciencias Económicas; Vol. 38 Núm. 1 (2020): Revista de Ciencias Económicas: (enero - junio); 7-40
2215-3489
0252-9521
 
Language spa
 
Relation https://revistas.ucr.ac.cr/index.php/economicas/article/view/39039/42609
https://revistas.ucr.ac.cr/index.php/economicas/article/view/39039/42610
https://revistas.ucr.ac.cr/index.php/economicas/article/view/39039/42871
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Rights Derechos de autor 2020 Laura Cristina Blanco
https://creativecommons.org/licenses/by-nc-nd/3.0/cr/
 

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