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Does attending elite colleges pay in China?

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Author Info

  • Li, Hongbin
  • Meng, Lingsheng
  • Shi, Xinzheng
  • Wu, Binzhen

Abstract

We estimate the return to attending elite colleges in China using 2010 data on fresh college graduates. We find that the gross return to attending elite colleges is as high as 26.4%, but this figure declines to 10.7% once we control for student ability, major, college location, individual characteristics, and family background. The wage premium is larger for female students and students with better-educated fathers. We also find that the human capital and experiences accumulated in elite colleges can explain almost all the wage premium.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Comparative Economics.

Volume (Year): 40 (2012)
Issue (Month): 1 ()
Pages: 78-88

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Handle: RePEc:eee:jcecon:v:40:y:2012:i:1:p:78-88

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Web page: http://www.elsevier.com/locate/inca/622864

Related research

Keywords: Elite college; First job wage; Wage premium; China;

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References

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Cited by:
  1. Wenshu Gao & Russell Smyth, 2012. "Returns to Schooling in Urban China, 2001-2010: Evidence from Three Waves of the China Urban Labor Survey," Monash Economics Working Papers 50-12, Monash University, Department of Economics.

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