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Labour market returns to higher education in Vietnam

Tinh Doan

No 2011-4, Economics Discussion Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: This paper employs the Ordinary Least Squares, Instrumental Variables and Treatment Effect models to a new dataset from the Vietnam Household Living Standards Survey (VHLSS) to estimate return to the four-year university education in 2008. Our estimates reveal that the return to university education is about 17% (annualized) and robust to the various estimators. The return to higher education has significantly increased since the economic reform in late 1980s.

Keywords: economic transition; returns to higher education; IV model; Vietnam (search for similar items in EconPapers)
JEL-codes: C31 J31 O15 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-dev, nep-edu, nep-hrm, nep-lab and nep-tra
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http://www.economics-ejournal.org/economics/discussionpapers/2011-4
https://www.econstor.eu/bitstream/10419/44950/1/654216398.pdf (application/pdf)

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