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Do Returns to Schooling Go Up During Transition? The Not So Contrary Case of Vietnam

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A key stylized fact about transition economies is that the returns to schooling rise as economic reform progresses. Existing research suggests that Vietnam is an exception to this pattern, with a decrease in males’ return from 1992 to 1998, and little increase in the return to females’ education (Liu, 2006). This exception may be because of the gradual economic reform applied in Vietnam, whilst in Eastern European countries the “Big Bang” transformation was conducted. Therefore to see whether Vietnam is still a counter example, we re-examine the trend in the rate of return to schooling in Vietnam over the 1998-2004 period, where the reforms have had a longer time to have an effect.

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  • Tinh T. Doan & John Gibson, 2009. "Do Returns to Schooling Go Up During Transition? The Not So Contrary Case of Vietnam," Working Papers in Economics 09/08, University of Waikato.
    • Handle: RePEc:wai:econwp:09/08
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    File URL: https://repec.its.waikato.ac.nz/wai/econwp/0908.pdf
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    1. Doan, Tinh & John, Gibson, 2010. "Return to schooling in Vietnam during economic transition: Does return to schooling in Vietnam reach its peak?," MPRA Paper 24986, University Library of Munich, Germany, revised 30 Aug 2010.

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    More about this item

    Keywords

    economic transition; returns to schooling; Vietnam;
    All these keywords.

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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