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dc.contributor.authorPeerawich Thovirijavej
dc.contributor.authorVorapitchaya Rabiablok
dc.identifier.citationInternational Proceedings of Economics Development and Research, Vol. 61 (2013): 51-55en_US
dc.description.abstractThis paper illustrates the benefit of evaluating the effect of education on income using education level rather than years of schooling. The result indicates that an extra year of advance education is worth more than an extra year of basic education.Our findings contradict with past research articles that find evidence of diminishing return to education but are consistent with Becker's[2] and Schultz's[9] claim that the positive effect of education on income is not uniform. Ultimately, our findings offer guideline for nation’s education financing policy.
dc.format.extent5 pagesen_US
dc.subjectEffect of Education
dc.subjectCumulative Logit Model
dc.subjectEducation Financing
dc.titleUnlocking Effect of Educationen_US
dc.rights.holderPeerawich Thovirijavejen_US
dc.rights.holderVorapitchaya Rabiablok
mods.genreArticleen_US[Full Text] (

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