| Title |
Human capital investment: measuring returns to education / |
| Translation of Title |
Investicijos į žmogiškąjį kapitalą. Išsilavinimo grąžos matavimas. |
| Authors |
Potelienė, Simona ; Tamašauskienė, Zita |
| Full Text |
|
| Is Part of |
Socialiniai tyrimai = Social Research.. Vilnius : BMK leidykla. 2013, Nr. 4, p. 56-65.. ISSN 1392-3110 |
| Keywords [eng] |
human capital ; education ; investments in human capital/education ; costs ; benefits ; net present value |
| Abstract [eng] |
According to human capital theory, knowledge and skills incorporated in the individual can be referred to as capital and all activities with which the present input makes future yields while the productivity of the individual grows can be interpreted as an investment. This research considers higher education as an investment decision and presents empirical evidence on the private return on this investment. We calculate the private net present value of higher education (i.e. human capital) and investment payback period in Lithuania for the period 2004 and 2011. Our empirical results suggest that higher education as a human capital investment yields great returns for the individual in Lithuania. |
| Published |
Vilnius : BMK leidykla |
| Type |
Journal article |
| Language |
English |
| Publication date |
2013 |
