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Access to Education	1
Cost Effectiveness	1
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Economics of Education Review

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Knight, J. B.	1
McMahon, Walter W.	1
Sabot, R. H.	1

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The Rate of Return on Educational Expansion.

Peer reviewed

Knight, J. B.; Sabot, R. H. – Economics of Education Review, 1987

Taking into account an imperfectly operating labor market, this paper measures and contrasts average and marginal returns on secondary education in two adjacent East African countries (Kenya and Tanzania) with very similar economic structures. The marginal rate of return seemed somewhat lower than the average rate of return. Includes three tables…

Descriptors: Access to Education, Developing Nations, Economic Factors, Education Work Relationship

The Relation of Education and R&D to Productivity Growth in the Developing Countries of Africa.

Peer reviewed

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