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Returns to Education during the Reform of State‐owned Enterprises in Hunan, People’s Republic of China

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  • Xiaoyu Huang
  • José Vaz Caldas
  • João Rebelo

Abstract

The objective of this paper is to analyse the impact of education on personal earnings during the reform of state‐owned enterprises, comparing 1995 with 1998 in Hunan, China, using the Mincerian earnings equation method. The results show that the rates of return to education increased, indicating that human capital has been better rewarded as the reforms of the Chinese economic structure have progressed. Moreover, the findings show that primary education receives the highest returns, followed by tertiary education. Middle school education obtains the lowest rewards, reflecting the effects of the reform of state‐owned enterprises on middle school graduates on whom the unemployment impact of this change has been the greatest.

Suggested Citation

  • Xiaoyu Huang & José Vaz Caldas & João Rebelo, 2002. "Returns to Education during the Reform of State‐owned Enterprises in Hunan, People’s Republic of China," LABOUR, CEIS, vol. 16(3), pages 513-535, September.
    • Handle: RePEc:bla:labour:v:16:y:2002:i:3:p:513-535
    DOI: 10.1111/1467-9914.00206
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    Cited by:

    1. 岩﨑, 一郎 & Iwasaki, Ichiro & 馬, 欣欣 & Ma, Xin Xin, 2019. "現代中国における男女賃金格差: メタ分析による接近," Discussion Paper Series 689, Institute of Economic Research, Hitotsubashi University.
    2. Xinxin Ma & Ichiro Iwasaki, 2021. "Return to schooling in China: a large meta-analysis," Education Economics, Taylor & Francis Journals, vol. 29(4), pages 379-410, July.
    3. Iwasaki, Ichiro & Ma, Xinxin, 2020. "Gender wage gap in China: a large meta-analysis," Journal for Labour Market Research, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 54, pages 1-17.
    4. Iwasaki, Ichiro & Ma, Xinxin, 2020. "Gender Wage Gap in China: A Large Meta-Analysis," CEI Research Paper Series 2020-5, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.

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