scholarly journals The Impact of Higher Education Expansion on the Educational Wage Premium in Taiwan: 1985 to 2015

2021 ◽  
Vol 9 (3) ◽  
pp. 38
Author(s):  
Chien-Liang Chen ◽  
Lin-Chuan Chen
Keyword(s):  
Higher Education ◽  
Wage Premium ◽  
University Graduates ◽  
Young Generation ◽  
Higher Education Expansion ◽  
Education Expansion ◽  
The Difference ◽  
Impact Of Higher Education ◽  
Year 2000 ◽  
The Impact

This research investigates the impact of higher education expansion on the educational wage premium from a long-term perspective in Taiwan. By using 1985 to 2015 Manpower Utilization Survey (MUS) data with the difference-in-difference-in-differences model (DDD), this study analyzes the change of the wage premium of university educated versus lower-than-university educated counterparts across the expansion of higher education since 1995. The number of universities in Taiwan tripled between 1995 and 2005, from 50 to more than 150, with upgrading of about 100 technology colleges and vocational schools additionally. Dramatic expansion of universities as well as the number of university graduates will shrink the university wage premium for the young generation who entered into the labor market after year 2000, but the older generation will be less affected. The empirical results show that the wages premium of university graduates of the younger generation is 12% to 21% lower than their older generation counterparts due to the higher-education expansion.

scholarly journals The Impact of Higher Education Expansion Policy on the Wage of College Graduates in China

2019 ◽  
Vol 11 (5) ◽  
pp. 68 ◽  
Author(s):  
Xinxin Ma
Keyword(s):  
Higher Education ◽  
College Graduates ◽  
Policy Impact ◽  
Wage Level ◽  
Higher Education Expansion ◽  
Education Expansion ◽  
Negative Effect ◽  
The Difference ◽  
The Impact ◽  
Expansion Policy

Using a longitudinal survey data conducted from 1997 to 2011, this study employs an empirical study to provide evidence about the impact of the higher education expansion policy on the wage levels of college graduates in China. Major conclusions emerge. First, in general, the higher education expansion policy does not affect the wage level of young college graduates. Second, the difference of policy impact on wage by various wage percentiles is small. Third, the policy decreases the wage level of new college graduates in a short term and the negative effect disappears in a long term. Fourth, to consider the group heterogeneities of policy impacts, it is shown that both the differences between the Eastern, Central and Western Region groups and the gender gaps are small, whereas the policy impact differ by the urban and rural groups.

Evaluating the externalities of investment in higher education in Russia

2020 ◽  
Vol 19 (8) ◽  
pp. 1490-1511
Author(s):  
R.M. Mel'nikov
Keyword(s):  
Higher Education ◽  
University Graduates ◽  
External Effects ◽  
Economic Agents ◽  
Active Population ◽  
Education Expansion ◽  
Impact Of Higher Education ◽  
Economic Development Model ◽  
The Impact ◽  
Expansion Of Higher Education

Subject. I address the impact of higher education expansion in Russia on the income level of economic agents interacting with university graduates of different majors. Objectives. The aim is to test the hypothesis about the existence of externalities of the expansion of higher education in Russian conditions that are characterized by the diminishing return on the increase in the share of economically active population with higher education and the differentiation of the impact of increase in the number of graduates with different educational majors. Methods. To evaluate the external effects of the expansion of higher education in Russia, I performed a regression analysis of the Russian Longitudinal Monitoring Survey data. Results. I revealed a positive external effect of the expansion of higher education in Russia. It decreases as enrollment in higher education increases. In Russia, specialists in the field of law and public administration benefit from the expansion of higher education. The increase in the share of graduates with higher technical education does not produce significant positive external effects due to the structure of the Russian economy and its economic development model, which has a limited demand for competences providing innovative development of industry. Conclusions. Despite the decline in external effects of investment in higher education, the decision to obtain it remains quite rational, as the private return on higher education remains quite high. Improving the external effects of training specialists in technical and natural sciences requires improving the training programs of Russian technical universities and institutional changes.

scholarly journals Regionális multiplikáció és egy alkalmazása

2013 ◽  
Vol 8 (1-2) ◽  
pp. 39-45
Author(s):  
Balázs Kotosz
Keyword(s):  
Higher Education ◽  
Education Institution ◽  
Local Economy ◽  
Regional Impacts ◽  
Multiplication Process ◽  
Output Side ◽  
The Difference ◽  
Step Over ◽  
Impact Of Higher Education ◽  
The Impact

The export base theory is really based on the regional mulliplicator theory of international economy. In the paper, we step over the usual textbook examples and show how the mulliplicator can be less than one, practically decreasing local income. We also analyze a special multiplication process, in particular the role of higher education institutions. The impact of higher education institution on local economy is extensively wide. Universities have important impact on the input and the output side, or on the demand and supply side, also. Beck et al (1995) define economic impact as „the difference between existing economic activity in a region given the presence of the institution and the level that would have been present if the institution did not exist." There are many approaches of the analysis of the regional impacts, the most important and most widely used is the Keynesian mulliplicator approach.

scholarly journals Stagnation generation: Evaluating the impact of higher education expansion on social mobility from the perspective of Taiwan

2020 ◽  
Vol 67 (2) ◽  
pp. 167-185
Author(s):  
Yen-Ling Lin
Keyword(s):  
Higher Education ◽  
Social Status ◽  
Social Mobility ◽  
Family Income ◽  
Negative Impact ◽  
Higher Education Expansion ◽  
Education Expansion ◽  
Dynamic Mobility ◽  
Starting Point ◽  
The Impact

Social class stagnation is a current topic of concern. The stagnation of generational mobility could result in society losing its ability to enhance individuals? social status. This study explored higher education expansion as a possible cause of class stagnation by adopting the Human Development Index as a comprehensive indicator of individual social status, and determined dynamic mobility by observing the case of Taiwan, where higher education was expanded in 1994. Pseudo-panel data were obtained from the Family Income and Expenditure Survey. Our results indicate that rapid higher education expansion has a negative impact on social mobility for the generation who enters the labor market after the expansion starting point.

scholarly journals Higher Education Expansion and Return to Education in China: Evidence from CGSS2005 and CGSS2013

2017 ◽  
Vol 8 (3) ◽  
pp. 85
Author(s):  
Xinxin Ma ◽  
Chengcheng Zhang
Keyword(s):  
Higher Education ◽  
Graduate School ◽  
General Social Survey ◽  
Gender Disparity ◽  
Registration System ◽  
Higher Education Expansion ◽  
Education Expansion ◽  
The University ◽  
The Impact ◽  
Expansion Policy

We conducted an empirical study to estimate the private internal rate of return to years of schooling (IRR) in China during the period after the implementation of higher education expansion policy using data from the Chinese General Social Survey data conducted in 2006 and 2014 (CGSS2005, CGSS2013). The major conclusions are as follows: first, from 2005 to 2013, IRR decreased from 8.6% to 7.8% for the whole sample, IRR decreased from 8.3% to 7.4% for men, and IRR decreased from 9.0% to 8.2% for women. Second, IRR values among various education category groups are different. IRR is greater for the high-level education group than that for the middle and low-level education groups in both 2005 and 2013. Third, to consider the impact of the higher education expansion policy on IRR, the IRR of the university graduates decreased from 15.4% (2005) to 11.2% (2013), whereas the IRR of the graduate school graduates rose from 10.1% (2005) to 19.0% (2013). The effect of the policy on IRR differs between the university and graduate school graduates. Fourth, the IRR is higher for women than for men. There is a gender disparity for IRR; IRR is different by ownership types, registration system types, industrial and regional groups in both 2005 and 2013.

scholarly journals Sentiment Analysis of Public Opinions on the Higher Education Expansion Policy in China

SAGE Open ◽  
2021 ◽  
Vol 11 (3) ◽  
pp. 215824402110407
Author(s):  
Xiaoyan Yu ◽  
Shiyong Wu ◽  
Wei Chen ◽  
Mingxi Huang
Keyword(s):  
Higher Education ◽  
Sentiment Analysis ◽  
Public Opinions ◽  
Graduate Employment ◽  
Higher Education Expansion ◽  
Education Expansion ◽  
Permanent Resident ◽  
The Government ◽  
The Impact ◽  
Expansion Policy

Drawing on sentiment analysis, this study explores public opinions on the higher education expansion policy that was specifically implemented by China’s government to navigate graduate employment difficulties against the impact of COVID-19. The results indicated that the overall degree of acceptance of the expansion plan was highly positive, but some people expressed negative opinions and concerns about over-education and deferral of employment pressure. The results also suggested that the government is expected to deal with the balance between higher education expansion and graduate employment difficulties by prioritizing domestic graduate employment rather than opening up permanent resident applications for foreigners, allocating a regionally balanced expansion quota, covering social science disciplines, and creating more employment opportunities. The findings provide important suggestions for policymakers to improve policy practice and offer a referable sample for other countries in their management of graduate employment issues influenced by COVID-19.

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