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Title: The Impact of Structural Change on Human Capital and Dual Market Theories of Racial Earnings Disparity
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Duncan, Kevin Craig |
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The Impact of Structural Change on Human Capital and Dual Market Theories of Racial Earnings Disparity Ph.D. Dissertation, University of Utah, 1987. DAI-A 48/08, p. 2129, Feb 1988. Also: http://books.google.com/books/about/The_impact_of_structural_change_on_human.html?id=FIHdNwAACAAJ Cohort(s): Young Men Publisher: UMI - University Microfilms, Bell and Howell Information and Learning Keyword(s): Dual Economic Theory; Earnings; Educational Returns; Human Capital Theory; Labor Force Participation; Racial Differences; School Quality; Schooling The human capital approach to racial earnings disparity suggests that the distribution of earnings may be altered by altering the distribution of skills among members of the work force. Early human capital theorists placed emphasis on increasing the quantity of schooling as a means of increasing skills; however, the theory has been modified to recognize the importance of the quality of schooling in improving the skills of labor. Empirical studies on the quality of schooling have suggested that as racial differences in educational quality have narrowed so have differences in earnings between black and white males. The literature on school quality suggests that differences in earnings can be explained by the quality of training undertaken by blacks and whites before they enter the labor market. My research has found that there is little evidence to support the orthodox hypothesis regarding the relationship between school quality and earnings. Using an index of school quality from the National Longitudinal Survey of Labor Market Experience of Young Men, regression results indicated that increases in educational quality were associated with reduced earnings for whites, but did not significantly contribute to the earnings of blacks. The significant and negative school quality coefficient may indicate that higher educational quality induces young white males to attain higher schooling levels and postpone their entrance into the labor market. However, increases in school quality do not perform the same function for young blacks. In addition, the results of the human capital regression model were sensitive to the period in which the model was estimated. In 1968, black and white males were rewarded with higher earnings for higher levels of labor market experience. However, in 1978, only white males continued to be rewarded for their labor market experience. These results suggest that racial differences in earnings cannot solely be attributed to differences in the quality of training undertaken before blacks and whites enter the labor market.[UMI ADG8724278] |
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Bibliography Citation
Duncan, Kevin Craig. The Impact of Structural Change on Human Capital and Dual Market Theories of Racial Earnings Disparity. Ph.D. Dissertation, University of Utah, 1987. DAI-A 48/08, p. 2129, Feb 1988.. |