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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Main Authors: Zhang, J, Zhao, Y, Park, A, Xiaoqing, S
Format: Journal article
Language:English
Published: Elsevier 2005
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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.
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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