000 01385nam a22001577a 4500
999 _c523925
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008 231016b ||||| |||| 00| 0 eng d
100 _aSingh, Amrendra Kumar and Malhotra, Yogesh
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245 _aReturns to education in India: An empirical analysis using IHDS data
260 _aBihar Journal of Public Administration
300 _a18(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
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773 _aBihar Journal of Public Administration
906 _aEDUCATION
942 _cAR