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McMahon, Walter W. – Economics of Education Review, 1987
Discusses the overall efficiency of investment in primary and secondary education and technology transfer via investment both in physical capital and higher education in 30 of the poorest African countries. A high (21.2 percent) rate of return to investment in primary and secondary education was found. Includes six tables and 20 references. (MLH)
Descriptors: Cost Effectiveness, Elementary Secondary Education, Foreign Countries, Higher Education
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Soon, Lee-Ying – Economics of Education Review, 1987
Incorporates occupational choice into a model of wage determination and self-employment activities. The self-selection model stresses managerial ability and capital market imperfections in determining an individual's choice between wage and self-employment. Results show different earning structures and partly confirm the human capital model.…
Descriptors: Capital, Career Choice, Elementary Secondary Education, Foreign Countries