4. Table 3 Estimates of Mincerian returns to different levels of education, using recent data Source: Kingdon, Patrinos, Sakellariou and Soderbom (2008). Note: * and ** represent statistical significance at the 10% and 5% levels respectively. Returns estimates reported for male waged workers (of all working ages, not just 25-34 year olds, as in Table 2 above). 19.8 12.3 9.6 7.4 Average 11.1* 7.7** 5.6** 5.3** Cambodia (2004) 23.1** 10.6** 13.4** 13.5** Thailand (2002) 21.6** 8.4** 7.8** 8.4** Philippines (1999) 10.1** 7.5** 7.8** 0.0 China (2004) 17.2** 13.7** 8.4** 5.0** Indonesia (2000) 15.3** 13.2** 6.1** 6.0** Pakistan (2001) 15.6** 12.6** 7.2** 0.0 India (2004) 34.1** 24.4** 21.6** 12.0** South Africa (2003) 27.3** 12.0** --- 10.2** Tanzania (2001) 25.5** 16.4** --- 11.6* Kenya (2000) 16.9** 8.8** 8.5 8.9 Ghana (1998) Higher Secondary or Higher secondary Middle or Lower secondary Primary