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ERIC Number: EJ916249
Record Type: Journal
Publication Date: 2011-Mar
Pages: 11
Abstractor: As Provided
Reference Count: 55
ISSN: ISSN-1598-1037
Does Attendance to a Four-Year Academic College versus Vocational College Affect Future Wages?
Keng, Shao-Hsun; Lo, Ya-Fen
Asia Pacific Education Review, v12 n1 p117-127 Mar 2011
Taiwan is one of the few countries in which bachelor degrees can be earned by attending either 4-year academic colleges or vocational colleges. This paper offers new evidence on whether returns to B.A. degrees are significantly different between academic and vocational 4-year colleges using the 1998-1999 Taiwanese College Graduate Survey. The multinomial logit model is applied to correct self-selection for employment status, and a wage equation is then estimated. The results suggest that the returns to 4-year academic colleges are 6% higher than those to 4-year vocational colleges. We also find a significant effect of college quality on wages. Moreover, public academic college graduates have the highest returns whereas those who attend private vocational colleges have the lowest returns.
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Publication Type: Journal Articles; Reports - Evaluative
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Taiwan