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Labour Market Returns to Higher Education in Vietnam

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  • Doan, Tinh

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.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 28426.

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Date of creation: 26 Jan 2011
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Handle: RePEc:pra:mprapa:28426

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Keywords: economic transition; returns to higher education; IV model; Vietnam;

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