Why Do Schooling Returns Differ? Screening, Private Schools, and Labor Markets in the Philippines and Thailand

Bibliographic Data

ID4361543
AuthorsFutoshi Yamauchi (0000-0002-7229-7697, International Food Policy Research Institute, corresponding author)
Year2005
Volume53
Issue4
Pages959-981
Publication date2005-07-01
Open AccessNo
TypeARTICLE
VenueEconomic Development and Cultural Change (JOURNAL)
Journal identifiersISSN: 0013-0079 • E-ISSN: 1539-2988
PublisherUniversity of Chicago Press (PUBLISHER • US)
DOI10.1086/429151
OpenAlexW1977368447
LanguageEN
Citations received5
References cited14

This article examines returns to schooling in the Philippines and Thailand, using recent employee surveys in manufacturing industries. Empirical results show that (i) schooling returns steadily increase as education attainment increases in Thailand, but the returns increase only at university level in the Philippines, and that (ii) private school premiums are higher in the Philippines than Thailand. The latter finding is consistent with the dominance of private institutions in the Philippine education system. The premiums from private schooling investments in the Philippines are, however, found to be spurious in the sense that private schools screen high ability students, which augments wage. Therefore, the productivity gain from private schooling is small

Demographic economics · Developing country · Dominance (genetics) · Economic growth · Economics · Educational attainment · Higher education · Labour economics · Private education · Private sector · Productivity · Wage · Fiscal Policy and Economic Growth · Labor market dynamics and wage inequality · Migration and Labor Dynamics

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