G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w18189
来源IDWorking Paper 18189
The Returns to Education in China: Evidence from the 1986 Compulsory Education Law
Hai Fang; Karen N. Eggleston; John A. Rizzo; Scott Rozelle; Richard J. Zeckhauser
发表日期2012-06-28
出版年2012
语种英语
摘要As China transforms from a socialist planned economy to a market-oriented economy, its returns to education are expected to rise to meet those found in middle-income established market economies. This study employs a plausible instrument for education: the China Compulsory Education Law of 1986. We use differences among provinces in the dates of effective implementation of the compulsory education law to show that the law raised overall educational attainment in China by about 0.8 years of schooling. We then use this instrumental variable to control for the endogeneity of education and estimate the returns to an additional year of schooling in 1997-2006. Results imply that the overall returns to education are approximately 20 percent per year on average in contemporary China, fairly consistent with returns found in most industrialized economies. Returns differ among subpopulations; they increase after controlling for endogeneity of education.
主题Labor Economics ; Labor Compensation ; Development and Growth ; Development ; Other ; Economic Systems
URLhttps://www.nber.org/papers/w18189
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/575865
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Hai Fang,Karen N. Eggleston,John A. Rizzo,et al. The Returns to Education in China: Evidence from the 1986 Compulsory Education Law. 2012.
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