Educational expansion and the economic value of education in Vietnam: An instrument-free analysis
Educational expansion and the economic value of education in Vietnam: An instrument-free analysis
复制标题
越南的教育扩张和教育的经济价值：无仪器分析
DOI：
10.1016/j.ijedro.2020.100025
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发表时间：
2021
影响因子：
--
通讯作者：
Sanfo Jean-Baptiste M.B.
中科院分区：
文献类型：
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作者：
Truong Thu Ha;Ogawa Keiichi;Sanfo Jean-Baptiste M.B.
教育的扩展对社会的许多方面都有影响。随着教育规模的扩大，教育的经济回报可能会发生变化，教育可能已经成为一种地位商品，对此存在争议。该研究使用越南家庭生活水平调查（VHLSS）2002年至2014年期间的数据，以212，521人为样本，探讨教育扩张如何影响教育（绝对和相对措施）与收入之间关系的强度。采用无仪器方法以最大限度地减少偏倚。结果表明，随着高等教育的扩大，受教育年限的绝对测量对劳动力市场结果的影响并没有不同，但其位置测量对这些结果的影响。同样，随着高等教育规模的扩大，高等教育毕业的绝对指标对劳动力市场结果的影响不会改变，但其相对指标对这些结果的影响会改变。研究结果支持了教育位置理论，该理论预测绝对教育水平并不重要，重要的是其相对于其他个人的水平。
Expansion of education has effects on many aspects of society. There are debates around a possible change in the economic return to education as it expands and by that education may have become a positional good. This study uses Vietnam Household Living Standards Surveys (VHLSS) data over the period of 2002 to 2014 with a sample of 212,521 individuals to explore how educational expansion influences the strength of the relationship between education (its absolute and relative measures) and income. The instrument-free method was employed to minimize bias. Results suggest that as higher education expands, the effect of the absolute measure of the years of schooling on labor market outcomes does not differ, but the effect of its positional measure on these outcomes does. Likewise, as higher education expands, the effect of the absolute measure of higher education graduation on labor market outcomes does not vary, but the effect of its relative measure on these outcomes does. The findings support the positional theory of education, which predicts that the absolute level of education is not critical, but rather its level relative to that of other individuals.