Education, Employment and Earnings of Secondary School-Leavers ...

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that the rates of return to educational qualifications are not small and at the marginprovide an investment incentive. However, despite an extremely small secondary anduniversity education system the private rates of return to education in the Tanzanianwage employment sector are low compared to other countries in the region.31
ReferencesAl-Samarrai, S. and Bennell, P. (2003), Where has all the education gone in Africa?.Brighton: Institute of Development Studies and Knowledge and Skills forDevelopmentBennell, P. (1996), Rates of Return to Education: Does the conventional PatternPrevail in Sub-Saharan Africa, World Development, Vol. 24(1), pp. 183-199.Bennell, P. (1994), Jobs for the boys? The employment experiences of secondaryschool leavers in Zimbabwe, Journal of Southern African Studies, Vol. 20 (2) pp.301–15Bennell, P. and Ncube, M. (1993), Education and training outcomes: Universitygraduates in Zimbabwe during the 1980s, Zimbabwe Journal of EducationalResearch, Vol. 5(2), pp. 107–123.Card, D. (1999), The Causal Effect of Education on Earnings, Chapter 30 inHandbook of Labor Economics, Vol.3, edited by O.Ashenfelter and D.Card.Chesher, A. and Irish M. (1987) Residual Analysis in the Grouped and CensoredNormal Regression Model, Journal of Econometrics, Vol. 34, pp. 33–61.Haisken-DeNew, J. P. and C. M. Schmidt (1997), Inter-Industry and Inter-RegionDifferentials: Mechanics and Interpretation, Review of Economics and Statistics Vol.79, pp. 516-521.Heckman, J. (1979), Sample Selection Bias as a Specification Error, EconometricaVol. 47, pp. 153-161.Huber, P.J. (1967) The Behaviour of Maximum Likelihood Estimates Under NonstandardConditions in Proceedings of the Fifth Berkeley Symposium on MathematicalStatistics and Probability. Berkeley, CA: University of California Press, 1, pp. 221 –223.Glewwe, P. (2002), Schools and Skills in Developing Countries: Education Policiesand Socioeconomic Outcomes, Journal of Economic Literature Vol. 150, No 2, pp.436-482.Greene, W. (2000) Econometric Analysis (4 th edition) New York, Macmillan.Kaijage, E.S. (2000), Faculty of Commerce and Management graduates and theiremployers: A tracer study, Dar es Salaam: University of Dar es SalaamKnight, J.B. and Sabot, R.H. (1990), Education, Productivity and Inequality. NewYork: Oxford University Press.32
Page 1 and 2: Education, Employment and Earnings
Page 3 and 4: The structure of the paper can now
Page 5 and 6: Despite large absolute increases in
Page 7 and 8: nine studies reviewed for sub-Sahar
Page 9 and 10: It should be noted, however, that e
Page 11 and 12: history, current activity and incom
Page 13 and 14: In order to understand how the mode
Page 16 and 17: freedom for this test. In regard to
Page 18 and 19: where φ(·) denotes the probabilit
Page 20 and 21: 5.1 Earnings Equation - The Employe
Page 22 and 23: 4.8% per annum in the first three s
Page 24 and 25: confirm to some extent that unobser
Page 26 and 27: The ceteris paribus earnings for th
Page 28 and 29: [Table 7]The rate of return for a u
Page 30 and 31: 6. ConclusionsA key finding of our
Page 34 and 35: Knight, J.B. and Sabot, R.H. (1981)
Page 36 and 37: Table 1: Highest level of education
Page 38 and 39: Table 4 (Cont’d)SelectionCorrecti
Page 40 and 41: Table 5 (cont’d)Selection Correct
Page 42 and 43: Table A1: Variable DescriptionVaria

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