Arbeitspapier

Dynamics of returns to vocational education in China: 2010-2017

In this paper, we use the Chinese General Social Survey data (2010-2017) to analyse the returns to different education qualifications. We additionally compare the returns to vocational education with returns to academic education, at both the upper secondary level and the tertiary level. Compared to those who only complete compulsory education, upper secondary graduates earn about 20% more, vocational college graduates earn 50%, and academic university graduates earn 75% more. At tertiary level, academic education pays better than vocational education, although the difference shrinks over the years. At upper secondary level, the evidence is indeterminate, depending on different econometric techniques (i.e., OLS, IV, Lewbel method, or PSM). These findings add to the limited quantitative evidence on returns to vocational education. The dynamics emerged from the findings echo the discussion on labor market mismatch and overeducation in China, which has important policy implications.

Sprache
Englisch

Erschienen in
Series: GLO Discussion Paper ; No. 858 [rev.]

Klassifikation
Wirtschaft
Returns to Education
Education and Economic Development
Human Capital; Skills; Occupational Choice; Labor Productivity
Wage Level and Structure; Wage Differentials
Multiple or Simultaneous Equation Models: Instrumental Variables (IV) Estimation
Thema
dynamic
vocational education
academic education
upper secondary
tertiary
China

Ereignis
Geistige Schöpfung
(wer)
Chen, Jie
Pastore, Francesco
Ereignis
Veröffentlichung
(wer)
Global Labor Organization (GLO)
(wo)
Essen
(wann)
2022

Handle
Letzte Aktualisierung
20.09.2024, 08:22 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Chen, Jie
  • Pastore, Francesco
  • Global Labor Organization (GLO)

Entstanden

  • 2022

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