000			01385nam a22001577a 4500
999			_c517562 _d517562
008			210720b ||||| |||| 00| 0 eng d
100			_aSingh, Amrendra, and Malhotra, Yogesh _926804
245			_aReturns to education in India: An empirical analysis using IHDS data
260			_aBihar Journal of Public Administration
300			_a17(2), Jul-Dec, 2020: p.501-514
520			_aThe present study estimates the rates of return to education in India using nationally representative IHDS (Indian Human Development Survey) dataset 2011-12. The wage equation and participation equation is estimated using OLS and Heckman two-step procedure to account for the chances of problem of sample selection bias. The results indicate that the returns to education increase at higher level of studies. It is predicted that a greater number of number of children and non-labour income increases the likelihood of being wage worker. The computer ability and English-speaking skills also create the wage differentials among individuals. It is recommended that government should improve the quality of education to ensure convex relationship between earnings and returns to education. – Reproduced
650			_aReturns to education, Heckman procedure, Wage differentials, IHDS, India _925453
773			_aBihar Journal of Public Administration
906			_aEDUCATION - INDIA
942			_cAR