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Please use this identifier to cite or link to this item:
https://nccur.lib.nccu.edu.tw/handle/140.119/5099
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| Title: | 台灣各級教育報酬率之估計 |
| Other Titles: | Educational Choice, Wage Determination, and Rates of Return to Education in Taiwan |
| Authors: | 莊奕琦 |
| Keywords: | 教育報酬率;選擇偏誤;多元序類選擇Probit模型;教育選擇
Educational return rate;Selection bias;Polychotomous ordered Probit model;Educational selection |
| Date: | 2000 |
| Issue Date: | 2007-04-18 18:27:34 (UTC+8) |
| Publisher: | 臺北市：國立政治大學經濟學系 |
| Abstract: | This paper estimates educational choice, wage determination, and the rate of return to education in Taiwan using Taiwan`s Manpower Utilization Survey data of 1996. As education investment is a self-selection process, this paper adopts a two-stage estimation method. First, a polychotomous ordered probit model is used to estimate the education decision. Second, the wage equations of different educational attainments are estimated by incorporating the possible selection bias obtained in the probit model. Finally, rates of return on each education level are calculated from the estimation results. The main findings of the paper are as follows. (1) Family factors significantly affect a person`s selection of education level, for example, the larger the number of children in the family, the lower the educational attainment of the children; the higher the parents` education and work position, the higher their children`s education; and children from single parent families tend to attain a lower level education. (2) Significant negative selection bias is found in the male group for university; and in the female group for vocational school, junior college, and university. On the other hand, significant positive bias is only found in the female group for senior high school. (3) The estimated annual rates of return to schooling are 2.30% for high school, 3.98% for vocational school, 4.58% for junior college, and 12.20% for university. In general, consistent with the literature, we find that the female has a higher return rate to education than the male for most educational levels. |
| Description: | 核定金額：336700元 |
| Data Type: | report |
| Appears in Collections: | [經濟學系] 國科會研究計畫
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| 892416H004011.pdf | | 2720Kb | Adobe PDF2 | 1242 | View/Open |
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