IDEAS home Printed from https://ideas.repec.org/p/tky/jseres/2009cj216.html
   My bibliography  Save this paper

"Human Capital Formation in Mitsubishi Zaibatsu in Prewar Japan: Analysis of Personal History Data" (in Japanese)

Author

Listed:
  • Tetsuji Okazaki

    (Faculty of Economics, University of Tokyo)

Abstract

This paper analyses the effects of schooling, outside work experience and job tenure on human capital formation, using the personal history data of white collar employees of Mitsubishi Zaibatsu in prewar Japan. For all samples including both engineers and clerks, the rate of return to schooling was 4.19%, which was higher than those to outside work experience and tenure. In case we allow for difference in the effects of schooling, outside work experience and job tenure between engineers and clerks, the rate of return to schooling was 5.11% for engineers, while it was 2.61% for clerks. It is notable that for clerks the rate of return to schooling was lower than that to job tenure. These results imply that Mitsubishi differentiated the systems of human capital formation between engineers and clerks. That is, while schooling was the central measure for human capital formation for engineers, on-the-job-training inside the firm was that for clerks.

Suggested Citation

  • Tetsuji Okazaki, 2009. ""Human Capital Formation in Mitsubishi Zaibatsu in Prewar Japan: Analysis of Personal History Data" (in Japanese)," CIRJE J-Series CIRJE-J-216, CIRJE, Faculty of Economics, University of Tokyo.
  • Handle: RePEc:tky:jseres:2009cj216
    as

    Download full text from publisher

    File URL: http://www.cirje.e.u-tokyo.ac.jp/research/dp/2009/2009cj216.pdf
    Download Restriction: no

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tky:jseres:2009cj216. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CIRJE administrative office). General contact details of provider: http://edirc.repec.org/data/ritokjp.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.