报告错误、能力异质性与中国学校教育回报

Wiley-Blackwell: Pacific Economic Review Pub Date : 2004-10-01 DOI:10.1111/J.1468-0106.2004.00244.X

Haizheng Li, Yi Luo

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引用次数: 75

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Reporting Errors, Ability Heterogeneity, and Returns to Schooling in China

This study is aimed at providing a more accurate estimate of the returns to schooling in China by controlling for unobserved ability heterogeneity and measurement errors. We identify a unique instrument to correct for the omitted ability bias. We find that the attenuation bias caused by measurement error dominates the omitted ability bias in the OLS estimation. Based on the GMM estimation, for young workers in China, the return to schooling is 15.0% overall and 16.9% for women. Copyright 2004 Blackwell Publishing Ltd

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Wiley-Blackwell: Pacific Economic Review

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