Education and Earnings in a Transition Economy (Vietnam)

Moock, Peter R.

doi:10.1596/1813-9450-1920

Policy Research Working Papers

1999

DOI: 10.1596/1813-9450-1920

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Education and Earnings in a Transition Economy (Vietnam)

Peter R. Moock¹

Abstract: Education and EarningsOne study shows that as Vietnam liberalizes its labor in a Transition Economy market, private rates of return to primary and higher (Vietnam) education are already relatively highand could be higher yet with greater

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Cited by 6 publications

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Returns to human capital investment in a transition economy

Clark

2003

International Journal of Manpower

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Russia has undergone tumultuous changes during the transition process. This has been nowhere more evident than within the labour market. The transition has now progressed to such an extent that it is possible to examine whether the issues of a re‐capitalisation and restructuring of human capital have been addressed. This paper uses the Russian Longitudinal Monitoring Survey to assess rates of return to human capital investments for the years 1994‐1998. It utilises standard earnings functions to assess the returns to education as well as to specific levels of post‐compulsory education and training. This article places specific emphasis on firm level training and the role of the firm, for the purpose of this special issue. Results suggest, in the case of Russia, that significant and positive returns to education and training exist comparable in magnitude to those in other transition countries.

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Returns to human capital investment in a transition economy

Clark

2003

International Journal of Manpower

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Ethnic wage inequality in Vietnam

Pham

Reilly

2009

International Journal of Manpower

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Purpose -This paper seeks to complement earlier studies on ethnic minority underdevelopment in Vietnam by empirically examining the ethnic wage gap for the wage employed in the Vietnamese labour market, using data from a large-scale household survey conducted in 2002. Design/methodology/approach -The paper uses the "index number" decomposition method suggested by Oaxaca to decompose the ethnic wage gap into treatment and endowment effects at both the mean and selected quantiles of the conditional wage distribution. Findings -The results confirm the existence of an ethnic wage gap in the labour market, though the gap is found to be substantially narrower than the ethnic gap detected using household living standard measures for Vietnam. Decomposition results reveal that the ethnic wage gap is largely attributable to differentials in the returns to endowments, a finding invariant whether the mean or selected quantiles of the conditional wage distribution are examined. Research limitations/implications -In the absence of feasible alternatives, the paper uses an ad hoc procedure to correct for selectivity into wage employment for the quantile regression models. In addition, due to data constraints with regard to earnings, the paper does not examine the ethnic wage gap for the self-employed. Originality/value -The paper is the first to analyse the ethnic wage gap in the Vietnam labour market and one of the few to examine ethnic pay differentials at selected points of the conditional wage distribution using quantile regression analysis.

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Education and Earnings in Transition: The Case of Lao*

Onphanhdala

Suruga

2007

Asian Economic Journal

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This paper is a study on the returns to education in Lao, a country that has been largely neglected by the published literature. The authors found that the private rates of returns to education have risen significantly with economic transition. In particular, returns for young workers are considerably higher than for older workers. Although large earnings premiums are generally received by workers with high levels of education, the most profitable investment in education for a large number of paid employees is still the primary level. Moreover, there are the significant public–private sector wage differentials. The research findings have important implications for public sector salaries and the financing of education in Lao.

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Education and Earnings in a Transition Economy (Vietnam)

Abstract: Education and EarningsOne study shows that as Vietnam liberalizes its labor in a Transition Economy market, private rates of return to primary and higher (Vietnam) education are already relatively highand could be higher yet with greater

Cited by 6 publications

References 8 publications

Returns to human capital investment in a transition economy

Returns to human capital investment in a transition economy

Ethnic wage inequality in Vietnam

Education and Earnings in Transition: The Case of Lao*

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