University Prestige and Choice of Major Field: Evidence from South Korea

Changhui Kang (ckang@cau.ac.kr)

No 544, Econometric Society 2004 Far Eastern Meetings from Econometric Society

Abstract: Unlike previous studies on major choice of university students, this study considers a university's prestige in their choice of a major field. This study sets up an estimation model for a joint decision about where to go to university (prestigious or non-prestigious) and what major field to concentrate. The empirical model is applied to the major-choice patterns of 4-year university students in South Korea between 1981 and 2001. The study finds that a university's prestige has a significant impact on their choice of a major field of university study. When the major-choice patterns are associated with measures of future labor-market outcomes, the probability of large-firm employment (rather than the stream of future earnings) after graduation is found to play a more important role in the decisions of a major field in South Korea

Keywords: University Prestige; Major Choice; South Korea; Labor-Market Outcomes (search for similar items in EconPapers)
JEL-codes: C35 I21 J24 (search for similar items in EconPapers)
Date: 2004-08-11
New Economics Papers: this item is included in nep-edu
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Citations: View citations in EconPapers (1)

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