Author(s)

Mengshu Lu

Institute of Economics, Jinan University, Guangzhou, China.

The paper analyzes the overeducation incidence in different department and occupation by mode method. Our conclusions are, first, overeducation occurrence is relatively high mainly among senior skilled workers since the quality requirement of the professors and doctors is much higher in China, and, second, the incidence of overeducation in husbandry remains at a low level all the way which indicates that the agricultural human capital attraction and level is weak due to the inferior income. Based on the ORU model, we found that the yield of education changes along with the economic development of China by analyzing the yield of overeducation from 1997 to 2011. The yield of overeducation gradually increased from 1997 to 2011 but it fell after the economic crisis then rose up again in low velocity with the return of every job differing. The income of the senior over educated technical workers is higher than the unskilled ones. People’s income disparity is expanding between the workers receiving more and less education over time.

Overeducation, The Incidence Rate of Overeducation, Human Capital, The Return of Overeducation, Trend Analysis, Income Disparity

Lu, M. (2017) A Study on the Phenomenon of Overeducation in China and Its Trend Analysis. Open Journal of Social Sciences, 5, 191-204. doi: 10.4236/jss.2017.51015.