Journal of Labour Economics (노동경제논집)

The Korean Labor Economic Association (한국노동경제학회)
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Academic Transfer, Self-Selection, and Returns to Education

대학편입, 자기선택, 교육투자 수익률에 관한 연구

  • Hwang, Jin-tae (Department of Economics, Daegu University) ;
  • Kim, Sung-min (School of Economics and Trade, Kyungpook National University)
  • Received : 2019.02.12
  • Accepted : 2019.06.13
  • Published : 2019.06.30
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Abstract

We investigate the type of self-selection arising in college transfer in Korea, and then estimate the returns to additional college education gained through transfers from junior colleges to four-year colleges or universities. In this paper, we show that academic transfer is consistent with a positive selection hypothesis, in a sense that students with characteristics correlated positively to productivity are more likely to transfer to four-year colleges from junior colleges. These empirical results also meet an underlying dispersion condition. In addition, we find that the transferred would make a statistically significant return to additional college education.

본 연구는 전문대 졸업생들의 4년제 대학 편입 결정과 해당 편입의 초임 기준 수익률을 살펴보았다. 이러한 분석을 위하여 본 연구는 성향점수매칭(PSM) 방법을 통해 전문대 졸업생 중 4년제 대학 편입생과 유사한 특징을 가지는 비편입 전문대 졸업생의 초임 수준을 구하여 이를 평균적인 비편입생과 비교하였으며, 이를 통해 해당 편입에 대해 양(+)의 자기선택(positive selection)이 있는 것으로 보였다. 이러한 결과는 전문대 대비 4년제 대학 졸업생의 큰 임금 편차와 연계되어 해석될 수 있다. 그리고 편입을 통한 추가적 교육이 초임에 미치는 효과는 약 4~8% 정도 나타났다.

Keywords

References

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