Analysis of Education Wage Premium in Several Provinces of China

DOI: 10.4236/me.2015.68081   PDF   HTML     4,528 Downloads   4,962 Views   Citations

Abstract

By using the CHIP-2007 data, this paper builds a model based on the Mincer wage equation model, and analyses the education wage premium of three levels of education—“junior middle school and the following”, “high school or technical secondary school”, and “junior college or above” in several provinces of China by the OLS estimation method. The analysis results show that the wage income of workers in China increases with the improvement of education level. There does exist the education wage premium. There isn’t the phenomenon that the intellectual workers get less wage income than manual workers. Education wage premium of the population of tertiary and higher education level is much higher than that of the population of high school or secondary school education level.

Share and Cite:

Chang, X. (2015) Analysis of Education Wage Premium in Several Provinces of China. Modern Economy, 6, 862-870. doi: 10.4236/me.2015.68081.

Conflicts of Interest

The authors declare no conflicts of interest.

References

[1] Bai X.M. and L,i Y. (2014) Influence of Education on Chinese Citizen. Research on Income Distribution with Quantile Regression Method, 4, 11-18.
[2] Fang, H.M. (2006) The College Wage Premium: Estimating a Model with Endogenous Education Choices. International Economic Review, 4.
[3] Huang, F. and Wu, C.J. (2008) A Study on Wage Premium of Provincial Capital Cities in China—A Space Econometric Analysis Based on Quantile Regression. Journal of Finance and Economics, 34.
[4] Huang, Y.B. (2006) Skill Premium, Human Capital Investment and Economic Growth. Market Modernization. No. 488.
[5] Walker, I. and Zhu, Y. (2005) The College Wage Premium, over Education, and the Expansion of Higher Education in the UK. IZA Discussion Paper No. 1627.
[6] Lai, D.S. (1997) Education Expansion and Income Inequality. Economic Research Journal.
[7] Lai, D.S. (1998) Education, Labor Market and Income Distribution. Economic Research Journal.
[8] Li, S. and Ding, S. (2009) Long-Term Change Trend of China’s Urban Education Return. Social Sciences in China.
[9] Luo, C.L. (2007) Return to Education and Its Distribution in Urban China. Economic Research Journal.
[10] Fortin, N.M. (2006) Higher-Education Policies and the College Wage Premium: Cross-State Evidence from the 1990s. The American Economic Review, 96.
[11] Shu, X. (2010) Labor Market Discrimination and Consequences of the University Enrollment Expansion: A Structural Estimation Based on a Signaling Game. China Economic Quarterly, 9.
[12] Xing, C.B., Jia, S.Y. and Li, S. (2013) Regional Distribution of the Return to Education for Rural-to-Urban Migrants and Its Impact on Migration. Economic Research Journal, 11, 114-126.
[13] Zuo, W.T. (2015) Education Change Trend in Long-Term. Modern Business, 2, 286-288.

  
comments powered by Disqus

Copyright © 2020 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution 4.0 International License.