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Estimating returns to vocational education at high schools in Korea

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  • Estimating returns to vocational education at high schools in Korea
  • Kim, Bo M.
  • University of Southern California


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Title Estimating returns to vocational education at high schools in Korea
Similar Titles
Material Type Reports
Author(English)

Kim, Bo M.

Publisher

[Los Angeles]:University of Southern California

Date 2013-06
Pages 26
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Social Development < Education
Holding University of Southern California

Abstract

The paper evaluates the impact of vocational high school on labor-market success in Korea. As a measure of the efficacy of the vocational high school, I use the wage data from the Korean Labor and Income Panel Study (KLIPS). Restricting the dataset to high-school graduates only, the comparison of general high schools and vocational high schools is made. To address the endogeneity problem in the choice of school type, the preset capacity of each school is used as an instrumental variable for the choice of school. I find that vocational high school gives greater returns to graduates in the sense of local average treatment effects. I find that enrollment in vocational high school gives about 30 percent higher wages than enrollment in general high school. (The rest omitted)