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dc.contributor.authorHeckman, James Josephen
dc.contributor.authorLi, Xuesongen
dc.date.accessioned2009-01-28T16:11:24Z-
dc.date.available2009-01-28T16:11:24Z-
dc.date.issued2003-
dc.identifier.urihttp://hdl.handle.net/10419/20074-
dc.description.abstractThis paper uses newly available Chinese micro data to estimate the return to college education for late 20th century China when allowing for heterogeneous returns among individuals selecting into schooling based on these differences. We use recently developed semiparametric methods to identify the parameters of interest. We demonstrate that heterogeneity among people in returns to schooling is substantial. People sort into schooling on the basis of the principle of comparative advantage, which we document to be an empirically important phenomenon in modern Chinese labor markets. Standard least squaresor instrumental variable methods do not properly account for this sorting. Using new methods that do, we estimate the effect on earnings of sending a randomly selected person to college is a 43% increase in lifetime earnings (nearly 11% annually) in 2000 for young people in urban areas of six provinces of China. The effect of college on those who go is 13%. Our evidence, and simple least squares evidence, suggests that after 20-plus years of economicreform with market orientation, the return to education has increased substantially in China, compared to the returns measured in the 1980?s and the early 1990?s.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x829en
dc.subject.jelC31en
dc.subject.ddc330en
dc.subject.keywordeducationen
dc.subject.keywordreturns to educationen
dc.subject.stwBildungsertragen
dc.subject.stwBildungsverhaltenen
dc.subject.stwBildungspolitiken
dc.subject.stwSchulpolitiken
dc.subject.stwBiasen
dc.subject.stwSchätzungen
dc.subject.stwChinaen
dc.titleSelection Bias, Comparative Advantage and Heterogeneous Returns to Education: Evidence from China in 2000-
dc.typeWorking Paperen
dc.identifier.ppn367380145en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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