Returns to schooling for urban and migrant workers in China: a detailed investigation
We use a new data set, the 2009 Rural Urban Migration in China (RUMiC) to estimate returns to schooling in China using instrumental variable (IV) estimation. After identifying a set of instruments, we conduct comprehensive validity and relevance testing of different combinations of instruments as we...
| Principais autores: | , |
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| Formato: | Journal Article |
| Idioma: | English |
| Publicado em: |
2018
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| Acesso em linha: | https://hdl.handle.net/10356/87266 http://hdl.handle.net/10220/44360 |
| _version_ | 1826110039378624512 |
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| author | Sakellariou, Christos Fang, Zheng |
| author2 | School of Humanities and Social Sciences |
| author_facet | School of Humanities and Social Sciences Sakellariou, Christos Fang, Zheng |
| author_sort | Sakellariou, Christos |
| collection | NTU |
| description | We use a new data set, the 2009 Rural Urban Migration in China (RUMiC) to estimate returns to schooling in China using instrumental variable (IV) estimation. After identifying a set of instruments, we conduct comprehensive validity and relevance testing of different combinations of instruments as well as robustness analysis of our estimates for rural-to-urban migrants and urban residents in China. We find that our point estimates are in the 6–9% range for urban workers compared to 7–8% for migrant workers. Returns for men (at 8–9%) are slightly higher than for women (at 6–7%). Thus, private returns to education in urban China in 2009 were not as high as other transition and developing countries, but substantial and have increased over time. Comparing OLS and IV estimates, we also find that the attenuation bias due to measurement error is generally large and more important in the migrant sample compared to the urban sample. |
| first_indexed | 2024-10-01T02:28:17Z |
| format | Journal Article |
| id | ntu-10356/87266 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T02:28:17Z |
| publishDate | 2018 |
| record_format | dspace |
| spelling | ntu-10356/872662020-03-07T12:10:39Z Returns to schooling for urban and migrant workers in China: a detailed investigation Sakellariou, Christos Fang, Zheng School of Humanities and Social Sciences Returns to Schooling Instrumental Variables We use a new data set, the 2009 Rural Urban Migration in China (RUMiC) to estimate returns to schooling in China using instrumental variable (IV) estimation. After identifying a set of instruments, we conduct comprehensive validity and relevance testing of different combinations of instruments as well as robustness analysis of our estimates for rural-to-urban migrants and urban residents in China. We find that our point estimates are in the 6–9% range for urban workers compared to 7–8% for migrant workers. Returns for men (at 8–9%) are slightly higher than for women (at 6–7%). Thus, private returns to education in urban China in 2009 were not as high as other transition and developing countries, but substantial and have increased over time. Comparing OLS and IV estimates, we also find that the attenuation bias due to measurement error is generally large and more important in the migrant sample compared to the urban sample. Accepted version 2018-01-31T04:02:38Z 2019-12-06T16:38:30Z 2018-01-31T04:02:38Z 2019-12-06T16:38:30Z 2015 Journal Article Sakellariou, C., & Fang, Z. (2015). Returns to schooling for urban and migrant workers in China: a detailed investigation. Applied Economics, 48(8), 684-700. 0003-6846 https://hdl.handle.net/10356/87266 http://hdl.handle.net/10220/44360 10.1080/00036846.2015.1085642 en Applied Economics © 2015 Taylor & Francis. This is the author created version of a work that has been peer reviewed and accepted for publication by Applied Economics, Taylor & Francis. It incorporates referee’s comments but changes resulting from the publishing process, such as copyediting, structural formatting, may not be reflected in this document. The published version is available at: [http://dx.doi.org/10.1080/00036846.2015.1085642]. 32 p. application/pdf |
| spellingShingle | Returns to Schooling Instrumental Variables Sakellariou, Christos Fang, Zheng Returns to schooling for urban and migrant workers in China: a detailed investigation |
| title | Returns to schooling for urban and migrant workers in China: a detailed investigation |
| title_full | Returns to schooling for urban and migrant workers in China: a detailed investigation |
| title_fullStr | Returns to schooling for urban and migrant workers in China: a detailed investigation |
| title_full_unstemmed | Returns to schooling for urban and migrant workers in China: a detailed investigation |
| title_short | Returns to schooling for urban and migrant workers in China: a detailed investigation |
| title_sort | returns to schooling for urban and migrant workers in china a detailed investigation |
| topic | Returns to Schooling Instrumental Variables |
| url | https://hdl.handle.net/10356/87266 http://hdl.handle.net/10220/44360 |
| work_keys_str_mv | AT sakellariouchristos returnstoschoolingforurbanandmigrantworkersinchinaadetailedinvestigation AT fangzheng returnstoschoolingforurbanandmigrantworkersinchinaadetailedinvestigation |