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Education and Earnings in Transition: The Case of Lao

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  • Phanhpakit Onphanhdala
  • Terukazu Suruga

Abstract

This paper is a study on the returns to education in Lao, a country that has been largely neglected by the published literature. The authors found that the private rates of returns to education have risen significantly with economic transition. In particular, returns for young workers are considerably higher than for older workers. Although large earnings premiums are generally received by workers with high levels of education, the most profitable investment in education for a large number of paid employees is still the primary level. Moreover, there are the significant public–private sector wage differentials. The research findings have important implications for public sector salaries and the financing of education in Lao.

Suggested Citation

  • Phanhpakit Onphanhdala & Terukazu Suruga, 2007. "Education and Earnings in Transition: The Case of Lao," Asian Economic Journal, East Asian Economic Association, vol. 21(4), pages 405-424, December.
    • Handle: RePEc:bla:asiaec:v:21:y:2007:i:4:p:405-424
    DOI: 10.1111/j.1467-8381.2007.00264.x
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    References listed on IDEAS

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    Cited by:

    1. Souksavanh VIXATHEP, 2014. "Entrepreneurship, Government Policy and Performance of SMEs in Laos," GSICS Working Paper Series 28, Graduate School of International Cooperation Studies, Kobe University.
    2. Phanhpakit ONPHANHDALA, 2009. "Farmer Education and Agricultural Efficiency: Evidence from Lao PDR," GSICS Working Paper Series 20, Graduate School of International Cooperation Studies, Kobe University.
    3. Phanhpakit ONPHANHDALA & Terukazu SURUGA, 2010. "Entrepreneurial Human Capital And Micro And Small Business In Lao Pdr," The Developing Economies, Institute of Developing Economies, vol. 48(2), pages 181-202, June.
    4. Souksavanh VIXATHEP & Nobuaki MATSUNAGA, 2015. "Entrepreneurial Human and Social Capital in Small Businesses in Vietnam - An Extended Analysis -," GSICS Working Paper Series 29, Graduate School of International Cooperation Studies, Kobe University.
    5. Phanhpakit Onphanhdala & Vanvisa Philavong & Yoshihiko Kadoya & Mostafa S. Rahim Khan, 2020. "Access to Antenatal Care in Laos: Analysis Using National Level Survey," Asian Economic Journal, East Asian Economic Association, vol. 34(3), pages 327-349, September.

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