Pulangan pendidikan antara generasi di malaysia

Translated title of the contribution: Inter-generation returns to education in malaysia

Tham Sook Fan, Ishak Yussof, Rahmah Ismail

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

This article aims at analising inter-generation returns to education among intergeneration in Malaysia. The analysis shall focus on two main generations, i.e. the parents and their children. Data for this study are gathered from UKM's Mainstream Research Project 2010 entitled 'Impact of Globalisation on Malaysia's Labour Market Structure'. Three econometric models are formulated based on Mincer schooling model (1974) to analyse inter-generation rate of return to schoolings in Malaysia. The dependent variable is the logarithme of workers' monthly wage while the independent variables are years of schooling, working experince, generation status, gender, race, occupation sector and residential location. All the three models are estimated using Ordinary Least Square (OLS) method. The result shows that all independent variables significantly influence wages. Notwithstanding this, the rate of return to schooling for mothers (11.40%) is the highest compared to fathers (11.29%) and children (8.98%). This means that returns to education for the first generation (parents) is higher than that for the second generation (children). The result implies that the government should create more jobs especially at professional and high technology levels for the second generation which is in accordance with the national vision to transform the economy towards a high income country.

Original languageUndefined/Unknown
Pages (from-to)41-52
Number of pages12
JournalJurnal Ekonomi Malaysia
Volume47
Issue number1
Publication statusPublished - 2013

Fingerprint

Returns to education
Malaysia
Returns to schooling
Schooling
Wages
Rate of return
Labour market
Income
Econometric models
Ordinary least squares
Market structure
Globalization
High technology
Least square method
Government
Workers
Residential location

Keywords

  • Inter-generation
  • Return to education
  • Wage rate

ASJC Scopus subject areas

  • Business, Management and Accounting (miscellaneous)

Cite this

Pulangan pendidikan antara generasi di malaysia. / Fan, Tham Sook; Yussof, Ishak; Ismail, Rahmah.

In: Jurnal Ekonomi Malaysia, Vol. 47, No. 1, 2013, p. 41-52.

Research output: Contribution to journalArticle

Fan, TS, Yussof, I & Ismail, R 2013, 'Pulangan pendidikan antara generasi di malaysia', Jurnal Ekonomi Malaysia, vol. 47, no. 1, pp. 41-52.
Fan, Tham Sook ; Yussof, Ishak ; Ismail, Rahmah. / Pulangan pendidikan antara generasi di malaysia. In: Jurnal Ekonomi Malaysia. 2013 ; Vol. 47, No. 1. pp. 41-52.
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