Can Investment in Vocational Education Increase the Income of the Rural Labor Force?

Abstract

Previous researches prove that vocational education is highly coupled with the development of the economy and society in rural areas. However, the rate of returns in vocational education on rural labor force with various income levels still requires further investigation. On the basis of data from China Family Panel Studies (CFPS) 2018, recently a study published in Educational Research explored the validity of vocational education in promoting the increase of different income level of the rural labor force, through the counterfactual estimation based on Propensity Score Matching (PSM) and the expanded Mincer Equation.