Excerpt
Excerpt
The Returns to Education in China: Evidence from the 1986 Compulsory Education Law. Richard Zeckhauser, June 2012, Paper. "As China transforms from a socialist planned economy to a market-oriented economy, its returns to education are expected to rise to meet those found in middle-income established market economies. This study employs a plausible instrument for education: the China Compulsory Education Law of 1986. We use differences among provinces in the dates of effective implementation of the compulsory education law to show that the law raised overall educational..." (May require user account or purchase) Link