ERIC Number: EJ916249
Record Type: Journal
Publication Date: 2011-Mar
Abstractor: As Provided
Reference Count: 55
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.
Descriptors: Wages, Employment Level, College Graduates, Foreign Countries, Graduate Surveys, Vocational Education, Attendance, Comparative Analysis, Higher Education, Salary Wage Differentials, Bachelors Degrees, Outcomes of Education, School Surveys
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Publication Type: Journal Articles; Reports - Evaluative
Education Level: Higher Education
Authoring Institution: N/A
Identifiers - Location: Taiwan