Does attending elite colleges pay in China?
Hongbin Li,
Lingsheng Meng,
Xinzheng Shi and
Binzhen Wu ()
Journal of Comparative Economics, 2012, vol. 40, issue 1, 78-88
Abstract:
We estimate the return to attending elite colleges in China using 2010 data on fresh college graduates. We find that the gross return to attending elite colleges is as high as 26.4%, but this figure declines to 10.7% once we control for student ability, major, college location, individual characteristics, and family background. The wage premium is larger for female students and students with better-educated fathers. We also find that the human capital and experiences accumulated in elite colleges can explain almost all the wage premium.
Keywords: Elite college; First job wage; Wage premium; China (search for similar items in EconPapers)
JEL-codes: I23 J31 O53 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (48)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jcecon:v:40:y:2012:i:1:p:78-88
DOI: 10.1016/j.jce.2011.10.001
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