Analysis of Education Wage Premium in Several Provinces of China

Xinyang Chang

Business School, Beijing Normal University, Beijing, China.

DOI: 10.4236/me.2015.68081                

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.

Keywords

Education Wage Premium, the Mincer Wage Equation Model, Education Level

Conflicts of Interest

The authors declare no conflicts of interest.

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