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An Assessment of the Impact of Workers’ Education on their Earnings in Russian Regions

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  • Koritskiy, Alexey

Abstract

The article studies the impact of education of the employees working in Russian regions on their earnings. The method of weighted regression analysis with dummy variables is made use of. The data are taken from Rosstat for the period of 2002–2005. Presence of statistically significant dependence between income and educational level as well as assets procure-ment of labor is determined. Taking into account the level of regional urbanization and economy as well as their natural and cli-mate specifics contributes to improving the quality of regression fitting

Suggested Citation

  • Koritskiy, Alexey, 2008. "An Assessment of the Impact of Workers’ Education on their Earnings in Russian Regions," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 10(2), pages 65-74.
    • Handle: RePEc:ris:apltrx:0125
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    References listed on IDEAS

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    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. George Psacharopoulos & Harry Anthony Patrinos, 2004. "Returns to investment in education: a further update," Education Economics, Taylor & Francis Journals, vol. 12(2), pages 111-134.
    3. Robert J. Barro, 1991. "Economic Growth in a Cross Section of Countries," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 407-443.
    4. Robert E. Hall & Charles I. Jones, 1999. "Why do Some Countries Produce So Much More Output Per Worker than Others?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(1), pages 83-116.
    5. Duncan Black & Vernon Henderson, 1999. "A Theory of Urban Growth," Journal of Political Economy, University of Chicago Press, vol. 107(2), pages 252-284, April.
    6. Maria Abreu & Henri L.F. de Groot & Raymond J.G.M. Florax, 2004. "Space and Growth," Tinbergen Institute Discussion Papers 04-129/3, Tinbergen Institute.
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    1. Корицкий А.В., 2009. "Оценка Влияния Человеческого Капитала На Использование Информационно-Компьютерных Технологий В Регионах России," Creative Economy Креативная экономика, CyberLeninka;Общество с ограниченной ответственностью Издательство «Креативная экономика», issue 7, pages 32-43.
    2. Корицкий А.В., 2009. "Макроэкономическая Оценка Влияния Образования На Объемы Производства В Регионах России," Creative Economy Креативная экономика, CyberLeninka;Общество с ограниченной ответственностью Издательство «Креативная экономика», issue 6, pages 68-77.

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    More about this item

    Keywords

    impact of education; earnings; regression analysis;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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