IDEAS home Printed from https://ideas.repec.org/p/eti/rdpsjp/11072.html
   My bibliography  Save this paper

Postgraduate Education and Human Capital Productivity in Japan (Japanese)

Author

Listed:
  • MORIKAWA Masayuki

Abstract

In advanced countries, including Japan, the number of workers with postgraduate qualifications is increasing. These highly-skilled workers are important contributors to innovation. This paper, using published data from the Employment Status Survey, estimates standard wage functions to investigate the effects of postgraduate qualifications on productivity and the rate of return on postgraduate education. According to the analysis, wage premium for postgraduates relative to undergraduates is about 20% in Japan, which is comparable to the figures found in the United States and the United Kingdom. The premium is larger for female employees. Wage reduction after age 60 is smaller, and retirement age is higher for workers with postgraduate education. Under the trend toward advanced technology and the growing demand for human capital, postgraduate education is becoming important to vitalize the Japanese economy. At the same time, expansion of postgraduate education may contribute to narrowing the wage gap between male and female and increasing labor force participation of elderly people.

Suggested Citation

  • MORIKAWA Masayuki, 2011. "Postgraduate Education and Human Capital Productivity in Japan (Japanese)," Discussion Papers (Japanese) 11072, Research Institute of Economy, Trade and Industry (RIETI).
    • Handle: RePEc:eti:rdpsjp:11072
    as

    Download full text from publisher

    File URL: https://www.rieti.go.jp/jp/publications/dp/11j072.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. ONISHI Koichiro & NAGAOKA Sadao, 2012. "Life-cycle Productivity of Industrial Inventors: Education and other determinants," Discussion papers 12059, Research Institute of Economy, Trade and Industry (RIETI).

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eti:rdpsjp:11072. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: TANIMOTO, Toko (email available below). General contact details of provider: https://edirc.repec.org/data/rietijp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.