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Article: Education, development, and wage inequality: The case of Taiwan

TitleEducation, development, and wage inequality: The case of Taiwan
Authors
KeywordsIncome inequality
Labor force
Education
Studies
Wages & salaries
Issue Date2005
PublisherUniversity of Chicago Press. The Journal's web site is located at http://www.journals.uchicago.edu/EDCC
Citation
Economic Development And Cultural Change, 2005, v. 53 n. 3, p. 711-735 How to Cite?
AbstractThe primary contributions of this article are twofold. First, this article presents, and applies to Taiwan, a multiple-stage Theil decomposition that easily nests multiple explanations for the time path of wage inequality over time. The advantage of this method is that it does not require a correctly specified regression equation to consistently estimate the relative contribution of each. The limitation is that, unlike a well-specified regression mode - where changes in the exogenous, right-hand-side variables can be thought to cause changes in the dependent variable - the Theil decomposition simply summarizes features of the data and says nothing about the direction o causality. An additionbal point is that the results from this decompositon can change depending on which variables are included; the results for any particular variable must be interpreted in light of others present. Multivariate inequality decompositions in the literature so far have focused on the regression approach virtually exclusively. Second, this article sheds new light on the debate on wage inequality for Taiwan itself. It is no secret that Taiwan's development experience has been exceptional, and Taiwan is certainly not an example of a typical developing country. However, the presence of a large number of potential explanations for changes in Taiwan's wage structure has prevented consensus as to which of these explanations ate the most important. © 2005 by The University of Chicago. All rights reserved.
Persistent Identifierhttp://hdl.handle.net/10722/45457
ISSN
2015 Impact Factor: 1.392
2015 SCImago Journal Rankings: 1.698
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorVere, JPen_HK
dc.date.accessioned2007-10-30T06:26:13Z-
dc.date.available2007-10-30T06:26:13Z-
dc.date.issued2005en_HK
dc.identifier.citationEconomic Development And Cultural Change, 2005, v. 53 n. 3, p. 711-735en_HK
dc.identifier.issn0013-0079en_HK
dc.identifier.urihttp://hdl.handle.net/10722/45457-
dc.description.abstractThe primary contributions of this article are twofold. First, this article presents, and applies to Taiwan, a multiple-stage Theil decomposition that easily nests multiple explanations for the time path of wage inequality over time. The advantage of this method is that it does not require a correctly specified regression equation to consistently estimate the relative contribution of each. The limitation is that, unlike a well-specified regression mode - where changes in the exogenous, right-hand-side variables can be thought to cause changes in the dependent variable - the Theil decomposition simply summarizes features of the data and says nothing about the direction o causality. An additionbal point is that the results from this decompositon can change depending on which variables are included; the results for any particular variable must be interpreted in light of others present. Multivariate inequality decompositions in the literature so far have focused on the regression approach virtually exclusively. Second, this article sheds new light on the debate on wage inequality for Taiwan itself. It is no secret that Taiwan's development experience has been exceptional, and Taiwan is certainly not an example of a typical developing country. However, the presence of a large number of potential explanations for changes in Taiwan's wage structure has prevented consensus as to which of these explanations ate the most important. © 2005 by The University of Chicago. All rights reserved.en_HK
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dc.languageengen_HK
dc.publisherUniversity of Chicago Press. The Journal's web site is located at http://www.journals.uchicago.edu/EDCCen_HK
dc.relation.ispartofEconomic Development and Cultural Changeen_HK
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.rightsEconomic Development and Cultural Change. Copyright © University of Chicago Press.en_HK
dc.subjectIncome inequalityen_HK
dc.subjectLabor forceen_HK
dc.subjectEducationen_HK
dc.subjectStudiesen_HK
dc.subjectWages & salariesen_HK
dc.titleEducation, development, and wage inequality: The case of Taiwanen_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0013-0079&volume=53&issue=3&spage=711&epage=735&date=2005&atitle=Education,+Development+and+Wage+Inequality:+The+Case+of+Taiwanen_HK
dc.identifier.emailVere, JP: jpvere@hku.hken_HK
dc.identifier.authorityVere, JP=rp01104en_HK
dc.description.naturepublished_or_final_versionen_HK
dc.identifier.doi10.1086/427245en_HK
dc.identifier.scopuseid_2-s2.0-18144382252en_HK
dc.identifier.hkuros100091-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-18144382252&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume53en_HK
dc.identifier.issue3en_HK
dc.identifier.spage711en_HK
dc.identifier.epage735en_HK
dc.identifier.isiWOS:000228057900006-
dc.publisher.placeUnited Statesen_HK
dc.identifier.scopusauthoridVere, JP=23487024400en_HK

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