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Full-Text Articles in Other Economics
The Value Of Carbon Sequestration In The Developing World: Making The Economic Case For Tree Planting In Laos, Vongdalone Vongsikeo
The Value Of Carbon Sequestration In The Developing World: Making The Economic Case For Tree Planting In Laos, Vongdalone Vongsikeo
Dissertations, Master's Theses and Master's Reports
Tree plantations in developing countries are mostly driven by private sectors, mainly to increase forest cover and meet the timber demand. However, research studies on tree plantations in Laos, for instance, show that despite high profitability tree farmers and private companies face many challenges such as low timber quality, low timber selling price and slow plantation expansion. These challenges could be the result of slow policy improvement processes or the lack of basis on the justification of government intervention. This study uses a policy decision tool - a cost-benefit analysis to evaluate social costs and social benefits from private tree …
What Factors Drive Individual Misperceptions Of The Returns To Schooling In Tanzania? Some Lessons For Education Policy, Plamen Nikolov, Nursat Jimi
What Factors Drive Individual Misperceptions Of The Returns To Schooling In Tanzania? Some Lessons For Education Policy, Plamen Nikolov, Nursat Jimi
Economics Faculty Scholarship
Evidence on educational returns and the factors that determine the demand for schooling in developing countries is extremely scarce. Building on previous studies that show individuals underestimating the returns to schooling, we use two surveys from Tanzania to estimate both the actual and perceived schooling returns and subsequently examine what factors drive individual misperceptions regarding actual returns. Using ordinary least squares and instrumental variable methods, we find that each additional year of schooling in Tanzania increases earnings, on average, by 9 to 11 percent. We find that on average individuals underestimate returns to schooling by 74 to 79 percent and …