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ZHANG Qi, CHEN Jianhua. Diploma Effect of Higher Education and Its Heterogeneity: Empirical Analysis Based on CGSS Data[J]. Journal of Modern Education, 2022, (6): 94-106.
Citation: ZHANG Qi, CHEN Jianhua. Diploma Effect of Higher Education and Its Heterogeneity: Empirical Analysis Based on CGSS Data[J]. Journal of Modern Education, 2022, (6): 94-106.

Diploma Effect of Higher Education and Its Heterogeneity: Empirical Analysis Based on CGSS Data

  • Received Date: 2022-02-01
    Available Online: 2022-12-29
  • Based on the comprehensive social survey data in China, the "diploma effect method" is used to empirically study the diploma effect of higher education in China and its heterogeneity in different generations and income groups. The study found that:(1) Higher education diploma significantly positive impact income, can bring 39. 65% of the additional income to individuals, there is a higher education diploma effect in the labor market. (2) The contribution of higher education diplomas to individual income has some generational heterogeneity, taking the post-60s as a reference group, the post-70s and post-80s higher education diploma effects were reduced by 4. 11% and 3. 92% respectively, but they were not significant, and the post-90s higher education diploma effects were significantly reduced by 21. 26%. (3) In terms of income heterogeneity, the effect of higher education diplomas shows a trend of "first slowly increasing, then slightly decreasing, and then increasing rapidly", and the signal value of higher education diplomas is more obvious in high-income groups. The heterogeneous impact of the diploma effect on income is no longer manifested as an "U-shape" trend in the rate of return on education, and also reflects the complexity of the relationship between education and income.

     

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