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Do Returns to Schooling Go Up During Transition? The Not So Contrary Case of Vietnam

Tinh Doan and John Gibson ()

Working Papers in Economics from University of Waikato

Abstract: A key stylized fact about transition economies is that the returns to schooling rise as economic reform progresses. Existing research suggests that Vietnam is an exception to this pattern, with a decrease in males’ return from 1992 to 1998, and little increase in the return to females’ education (Liu, 2006). This exception may be because of the gradual economic reform applied in Vietnam, whilst in Eastern European countries the “Big Bang” transformation was conducted. Therefore to see whether Vietnam is still a counter example, we re-examine the trend in the rate of return to schooling in Vietnam over the 1998-2004 period, where the reforms have had a longer time to have an effect.

Keywords: economic transition; returns to schooling; Vietnam (search for similar items in EconPapers)
JEL-codes: J31 O15 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2009-10-31
New Economics Papers: this item is included in nep-dev, nep-lab, nep-sea and nep-tra
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