TY - JOUR
T1 - Academic specialisation and returns to education
T2 - Evidence from India
AU - Saha, B.
AU - Sensarma, R.
N1 - Original article can be found at: http://www.tandfonline.com/ Copyright Taylor & Francis
PY - 2011/11/1
Y1 - 2011/11/1
N2 - We study returns to academic specialisation for Indian corporate sector workers by analysing cross-sectional data on male employees randomly selected from six large firms. Our analysis shows that going to college pays off, as it brings significant incremental returns over and above school education. However, the increase in returns is more pronounced in the specialisations of management and engineering, and less so in the specialisations of science, arts and commerce. Some of the less attractive specialisations, such as commerce and science, tend to make up by rewarding progression from Bachelors to Masters. Short-course diplomas are also rewarding.
AB - We study returns to academic specialisation for Indian corporate sector workers by analysing cross-sectional data on male employees randomly selected from six large firms. Our analysis shows that going to college pays off, as it brings significant incremental returns over and above school education. However, the increase in returns is more pronounced in the specialisations of management and engineering, and less so in the specialisations of science, arts and commerce. Some of the less attractive specialisations, such as commerce and science, tend to make up by rewarding progression from Bachelors to Masters. Short-course diplomas are also rewarding.
KW - economic development
KW - educational economics
KW - human capital
KW - rate of return
UR - http://www.scopus.com/inward/record.url?scp=80052973003&partnerID=8YFLogxK
U2 - 10.1080/13639080.2011.573775
DO - 10.1080/13639080.2011.573775
M3 - Article
AN - SCOPUS:80052973003
SN - 1363-9080
VL - 24
SP - 501
EP - 520
JO - Journal of Education and Work
JF - Journal of Education and Work
IS - 5
ER -