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- W50551775 abstract "Chinese and Indian economies have expanded by over 50% in real terms over the 1990s. However, while there was a significant increase in the average earnings of wage earners in China during this period, the average earnings of their Indian counterparts remained stagnant. In this paper, using comparable earnings data for the two countries, and a common analytical framework, we address two empirical issues, namely, the trends in returns to education in the two countries between the late 1980s and the early part of the current decade, and the extent to which Indo-Chinese differences in average earnings can be explained by differences in returns to education. Our results suggest that while returns to education in China grew much more rapidly over this period than in India, this growth still does not explain satisfactorily the much faster rise in the average earnings of the Chinese wage earners. The increase in average wages in China is much more a product of an increase in average education levels than an increase in the returns to education." @default.
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- W50551775 date "2007-01-01" @default.
- W50551775 modified "2023-09-23" @default.
- W50551775 title "Returns to education and earnings differences between Chinese and Indian wage earners" @default.
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