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The Wage Effects of Education-Occupation Match of Sub-Degree Graduates in Hong Kong.

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	The Wage Effects of Education-Occupation Match of Sub-Degree Graduates in Hong Kong./
作者:	Cheng, Kwan Kit.
面頁冊數:	1 online resource (137 pages)
附註:	Source: Dissertations Abstracts International, Volume: 75-11, Section: A.
Contained By:	Dissertations Abstracts International75-11A.
標題:	Higher education. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3586848click for full text (PQDT)
ISBN:	9781303845529

The Wage Effects of Education-Occupation Match of Sub-Degree Graduates in Hong Kong.
Cheng, Kwan Kit.

The Wage Effects of Education-Occupation Match of Sub-Degree Graduates in Hong Kong. - 1 online resource (137 pages)

Source: Dissertations Abstracts International, Volume: 75-11, Section: A.

Thesis (Ed.D.)--The Chinese University of Hong Kong (Hong Kong), 2013.

Includes bibliographical references

My dissertation uses Human Capital theory as the basic theoretical framework to analyze the linkage between education and occupation. In particular, I explore the effects of different degrees of education-occupation match on the wages of sub-degree graduates in Hong Kong using the 2011 Hong Kong Population Census data. My sample include 1974 sub-degree graduates aged 20-30. In the research, 26 subjects, based on Census coding, are categorized into 5 specialized courses and 1 general course (Table 8). "Direct-match", "wider-match" or "mismatch" based on the specialized courses and the occupations respectively. The findings of this study are summarized as follows: 1. The overall rate of return to education in Hong Kong is 12.3%, and the rate of return to sub-degree level is (14.5%). Therefore, there are economic incentives for individuals to pursue sub-degree education and for society to maintain the sub-degree programmes. 2. The unemployment rate of the young sub-degree graduates (6.2%) is far below that of the young Form 7 graduates (9.4%). On the other hand, although 51% of the specialized sub-degree course graduates are able to acquire jobs that fall into either "direct-match" or "wider-match", there is still a large ratio of the graduates who found jobs that are "mismatched" to their education training, Besides, the mean earning of the overall sub-degree graduates is only $11790.08, which is relatively low. This shows that there is a gap between the admission quotas and job opportunities of these sub-degree programmes. 3. Among the specialized sub-degree course graduates, those who fell into "direct match" have a statistically significant advantage in wages (17%) than those who fell into "mismatch". Those who fell into "wider match" have 6.6% higher wage compared to the ones who fell into "mismatch". This proves that the extent of education-occupation match, the higher the wage levels. 4. Furthermore, It is found that sub-degree graduates in engineering courses are more likely to fall into "mismatch" than sub-degree graduates in commercial courses, though they have higher wages regardless of the levels of "match" compared with sub-degree graduates of other courses. 5. Sub-degree graduates in specialized course who fell into "direct match" are found to earn 7.4% more than sub-degree graduates in general course that fell into the same category. However, there is no statistically significant difference in wages between sub-degree graduates in general course and sub-degree graduates in specialized course who fell into the category of "wide match" working in equivalent job. In short, the sub-degree graduates in general course have similar productivity (measured by wage levels) with sub-degree graduates in specialized course. It implies that investing in sub-degree programmes that focused more on generic skills can help to boost the overall productivity in Hong Kong. (Abstract shortened by UMI.).

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2023

Mode of access: World Wide Web

ISBN: 9781303845529Subjects--Topical Terms:

641065
Higher education.
Subjects--Index Terms:

Human capitalIndex Terms--Genre/Form:

542853
Electronic books.

The Wage Effects of Education-Occupation Match of Sub-Degree Graduates in Hong Kong.
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504 $a Includes bibliographical references
520 $a My dissertation uses Human Capital theory as the basic theoretical framework to analyze the linkage between education and occupation. In particular, I explore the effects of different degrees of education-occupation match on the wages of sub-degree graduates in Hong Kong using the 2011 Hong Kong Population Census data. My sample include 1974 sub-degree graduates aged 20-30. In the research, 26 subjects, based on Census coding, are categorized into 5 specialized courses and 1 general course (Table 8). "Direct-match", "wider-match" or "mismatch" based on the specialized courses and the occupations respectively. The findings of this study are summarized as follows: 1. The overall rate of return to education in Hong Kong is 12.3%, and the rate of return to sub-degree level is (14.5%). Therefore, there are economic incentives for individuals to pursue sub-degree education and for society to maintain the sub-degree programmes. 2. The unemployment rate of the young sub-degree graduates (6.2%) is far below that of the young Form 7 graduates (9.4%). On the other hand, although 51% of the specialized sub-degree course graduates are able to acquire jobs that fall into either "direct-match" or "wider-match", there is still a large ratio of the graduates who found jobs that are "mismatched" to their education training, Besides, the mean earning of the overall sub-degree graduates is only $11790.08, which is relatively low. This shows that there is a gap between the admission quotas and job opportunities of these sub-degree programmes. 3. Among the specialized sub-degree course graduates, those who fell into "direct match" have a statistically significant advantage in wages (17%) than those who fell into "mismatch". Those who fell into "wider match" have 6.6% higher wage compared to the ones who fell into "mismatch". This proves that the extent of education-occupation match, the higher the wage levels. 4. Furthermore, It is found that sub-degree graduates in engineering courses are more likely to fall into "mismatch" than sub-degree graduates in commercial courses, though they have higher wages regardless of the levels of "match" compared with sub-degree graduates of other courses. 5. Sub-degree graduates in specialized course who fell into "direct match" are found to earn 7.4% more than sub-degree graduates in general course that fell into the same category. However, there is no statistically significant difference in wages between sub-degree graduates in general course and sub-degree graduates in specialized course who fell into the category of "wide match" working in equivalent job. In short, the sub-degree graduates in general course have similar productivity (measured by wage levels) with sub-degree graduates in specialized course. It implies that investing in sub-degree programmes that focused more on generic skills can help to boost the overall productivity in Hong Kong. (Abstract shortened by UMI.).
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