Vocational and technical education in Peru

Abstract

The relative costs of and returns to VTE (Vocational and Technical Education) and general education in Peru are investigated here. The paper is composed as follows. Following a brief introduction, section 2 describes the system of education in Peru and changes that have occurred in this system over time. Section 3 surveys the (relatively sparse) literature on comparative rates of return to VTE and general education. Sections 4 and 5 describe, respectively, the data used for this study and the model used to estimate the returns to different levels and types of education. Section 6 reports the results of the empirical analysis. Section 7 introduces data obtained from Peru's Ministry of Education on the relative costs of VTE and general education. The concluding section 8 considers the implications, if any, of the findings for educational policy.Teaching and Learning,Curriculum&Instruction,Gender and Education,Health Monitoring&Evaluation,Primary Education