Full Length Research Paper
Abstract
The purpose of this study is to estimate the return to education in China’s rural labor market. We find that education increases off-farm employment participation and earnings. An additional year of schooling increases the earnings of a rural worker by 4.50%. Individuals with an education of senior middle school and above have significantly higher wages than those without. Furthermore, the type of education bringing strong economic benefits to rural Chinese is not limited to traditional school education; short-term skill training programs also boosts off-farm income.
Key words: Return to education, rural labor market, China.
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