Economic returns to schooling in urban China, 1988 to 2001.
This study provides estimates of the returns to schooling in urban China over an extended period of economic reforms. We find a dramatic increase in the returns to education, from only 4.0 percent per year of schooling in 1988 to 10.2 percent in 2001. Most of the rise in the returns to education occ...
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Format: | Journal article |
Language: | English |
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Elsevier
2005
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_version_ | 1797097801535979520 |
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author | Zhang, J Zhao, Y Park, A Xiaoqing, S |
author_facet | Zhang, J Zhao, Y Park, A Xiaoqing, S |
author_sort | Zhang, J |
collection | OXFORD |
description | This study provides estimates of the returns to schooling in urban China over an extended period of economic reforms. We find a dramatic increase in the returns to education, from only 4.0 percent per year of schooling in 1988 to 10.2 percent in 2001. Most of the rise in the returns to education occurred after 1992 and reflected an increase in the wage premium for higher education. The rise is observed within groups defined by sex, work experience, region, and ownership, and is robust to the inclusion of different control variables. The timing and pattern of changing schooling returns suggest that they were influenced strongly by institutional reforms in the labor market that increased the demand for skilled labor. |
first_indexed | 2024-03-07T05:00:27Z |
format | Journal article |
id | oxford-uuid:d817e14b-8cf8-4985-a96d-8420315ed007 |
institution | University of Oxford |
language | English |
last_indexed | 2024-03-07T05:00:27Z |
publishDate | 2005 |
publisher | Elsevier |
record_format | dspace |
spelling | oxford-uuid:d817e14b-8cf8-4985-a96d-8420315ed0072022-03-27T08:45:51ZEconomic returns to schooling in urban China, 1988 to 2001.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:d817e14b-8cf8-4985-a96d-8420315ed007EnglishDepartment of Economics - ePrintsElsevier2005Zhang, JZhao, YPark, AXiaoqing, SThis study provides estimates of the returns to schooling in urban China over an extended period of economic reforms. We find a dramatic increase in the returns to education, from only 4.0 percent per year of schooling in 1988 to 10.2 percent in 2001. Most of the rise in the returns to education occurred after 1992 and reflected an increase in the wage premium for higher education. The rise is observed within groups defined by sex, work experience, region, and ownership, and is robust to the inclusion of different control variables. The timing and pattern of changing schooling returns suggest that they were influenced strongly by institutional reforms in the labor market that increased the demand for skilled labor. |
spellingShingle | Zhang, J Zhao, Y Park, A Xiaoqing, S Economic returns to schooling in urban China, 1988 to 2001. |
title | Economic returns to schooling in urban China, 1988 to 2001. |
title_full | Economic returns to schooling in urban China, 1988 to 2001. |
title_fullStr | Economic returns to schooling in urban China, 1988 to 2001. |
title_full_unstemmed | Economic returns to schooling in urban China, 1988 to 2001. |
title_short | Economic returns to schooling in urban China, 1988 to 2001. |
title_sort | economic returns to schooling in urban china 1988 to 2001 |
work_keys_str_mv | AT zhangj economicreturnstoschoolinginurbanchina1988to2001 AT zhaoy economicreturnstoschoolinginurbanchina1988to2001 AT parka economicreturnstoschoolinginurbanchina1988to2001 AT xiaoqings economicreturnstoschoolinginurbanchina1988to2001 |