Education and income per capita in Honduras

Authors

  • Mario Ramos Facultad de Ciencias Económicas, Carrera de Economía Universidad Nacional Autónoma de Honduras
  • Carla Soliz Facultad de Ciencias Económicas, Carrera de Economía Universidad Nacional Autónoma de Honduras
  • Israel Enrique Hernández Facultad de Ciencias Económicas, Carrera de Economía Universidad Nacional Autónoma de Honduras
  • Melissa Redondo Facultad de Ciencias Económicas, Carrera de Economía Universidad Nacional Autónoma de Honduras
  • Carmen Hernández Facultad de Ciencias Económicas, Carrera de Economía Universidad Nacional Autónoma de Honduras

DOI:

https://doi.org/10.5377/eya.v7i1.4293

Keywords:

education, income, education level, income level, human capital theory, theory of experience

Abstract

Education and income, two variables that are of current interest; they can be contrasted with both the quality of human capital and the quality of life of people in a country. That is why this research aims to test whether the level of income received a Honduran increases as education level increases; for which it has made an overview of progress in education and income level per capita in Honduras, in the period 1990-2013; and has developed a cross-sectional model 2013, using the theory of human capital theory of Becker and Mincer experience as a base. The coefficients in the model represent the magnitude of the returns to education are reflected in the income of Honduran households. The model results show that a Honduran with a level of complete primary education receives 14.4% more income than someone who has no education; if the person has completed secondary education, 74.5% perceived more income; and if you have a higher educational level, receives a 108.1% more income.

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Published

2017-06-15

How to Cite

Ramos, M., Soliz, C., Hernández, I. E., Redondo, M., & Hernández, C. (2017). Education and income per capita in Honduras. Economía Y Administración (E&Amp;A), 7(1), 41–64. https://doi.org/10.5377/eya.v7i1.4293

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Section

Articles