Princelings and Paupers? State Employment and the Distribution of Human Capital Investments Among Households in Viet Nam. Asian Development Review. Vol. 30(2), pp. 26–48
dc.contributor.author | Ian Coxhead | |
dc.contributor.author | Diep Phan | |
dc.date.accessioned | 2015-01-24T13:14:29Z | |
dc.date.available | 2015-01-24T13:58:00Z | |
dc.date.issued | 2013-08-30T13:58:00Z | |
dc.identifier.uri | http://hdl.handle.net/11540/1624 | |
dc.description.abstract | Inequality in access to education is known to be a key driver of income inequality in developing countries. Viet Nam, a transitional economy, exhibits significant segmentation in the market for skilled labor based on more remunerative employment in government and state firms. We ask whether this segmentation is also reflected in human capital investments at the household level. We find that households whose heads hold state jobs keep their children in school longer, spend more on education, and are more likely to enroll their children in tertiary institutions relative to households whose heads hold nonstate jobs. The estimates are robust to a wide range of household and individual controls. Over time, disparities in educational investments based on differential access to jobs that reward skills and/or credentials help widen existing income and earnings gaps between well-connected “princelings” and the rest of the labor market. Capital market policies that create segmentation in the market for skills also crowd out investment in private sector firms, further reducing incentives for human capital deepening. | |
dc.language | English | |
dc.publisher | Asian Development Bank and Asian Development Bank Institute | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo/ | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo/ | |
dc.title | Princelings and Paupers? State Employment and the Distribution of Human Capital Investments Among Households in Viet Nam. Asian Development Review. Vol. 30(2), pp. 26–48 | |
dc.type | Journals | |
dc.subject.adb | human capital | |
dc.subject.adb | state-owned | |
dc.subject.adb | education | |
dc.subject.adb | connections | |
dc.subject.adb | inequality | |
dc.subject.adb | Viet Nam | |
dc.title.series | Asian Development Review | |
dc.title.volume | Volume 30, Issue 2, pp. 26-48 | |
dc.contributor.imprint | Asian Development Bank | |
oar.theme | Gender | |
oar.theme | Poverty | |
oar.identifier | OAR-002556 | |
oar.author | Coxhead, Ian | |
oar.author | Phan, Diep | |
oar.import | true | |
oar.externallink | http://www.mitpressjournals.org/loi/adev | |
oar.googlescholar.linkpresent | true |
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Asian Development Review
The Asian Development Review (ADR) is a professional journal for disseminating the results of economic and development research relevant to Asia and the Pacific. Since 1983, the ADR has been an important part of the history of the Asian Development Bank and its mission to reduce poverty across Asia and the Pacific.