 The Returns to Education and Training: Evidence from the Malaysian Family Life SurveysTsung-Ping Chung (tpc2@ukc.ac.uk) Studies in Economics from School of Economics, University of Kent Abstract: The main purpose of this paper is to investigate the private returns to education and training for a random sample of women in Malaysia in the 1980s. We estimate a standard Mincerian earnings function, augmented by information on the women's training experience. The results indicate that there are positive and economically significant returns to education and training. We also investigate the determinants of training and find that training participation is positively related to educational attainment, while if women are credit-constrained, they are significantly less likely to undertake training. We also examine the issue of self-selection in training participation and find that self-selection does not appear to cause an upward bias to the estimated returns to training for our sample. Keywords: Education; Training; Wage Determination; Self-selection; Malaysia (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ukc:ukcedp:0007 Ordering information: This working paper can be ordered from Access Statistics for this paper More papers in Studies in Economics from School of Economics, University of Kent School of Economics, University of Kent, Canterbury, Kent, CT2 7FS. |
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