The Wage Premium of the Credits Program in Higher Education in Taiwan

In recent years, higher education institutions in Taiwan have enthusiastically engaged in offering various credits programs to the youngsters in response to labor market needs, such as the needs for professional and/or interdisciplinary skills. This paper employs the panel data from Taiwan Education...

Full description

Saved in:
Bibliographic Details
Published in:Journal of Educational Research and Development 2020-01, Vol.16 (4), p.1-32
Main Authors: Hsu, Chang-Chi, Huang, Li-Hsuan
Format: Article
Language:Chinese
Subjects:
Higher education
Labor market
Wages & salaries
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:In recent years, higher education institutions in Taiwan have enthusiastically engaged in offering various credits programs to the youngsters in response to labor market needs, such as the needs for professional and/or interdisciplinary skills. This paper employs the panel data from Taiwan Education Panel Survey and Beyond and uses the panel data regression for study, aiming to investigate the relationship between credits program and wages. Although variables measuring family backgrounds and personal abilities are not included in the model for the sake of larger samples for analysis, the panel random effect model controls individual-specific effect. A positive relationship between wages and double major degrees is found. The result is quite robust, in spite of the types of institution issuing the certificate and labor market experience. The estimated wage premium for a double major degree is about 24%, being higher if the degree is offered by public school. People with double major degrees working at medium-
ISSN:1816-6504
DOI:10.6925/SCJ.202012_16(4).0001