Senior Assoc. Prof. Eddy S. Fang, Xi’an Jiaotong – Liverpool University, China
Research Area: Economic Sociology, Behavioral Economics
Title：Graduate Education Decision and the Formation of Human Capital: An Exploratory Experiment on Choice Antecedents and Preferences in China
Abstract：While education has long been recognized as a central factor promoting development through the formation of human capital, little is known of students’ choice to continue onto graduate education. This lack of information is especially apparent for transition economies, such as China, that are quickly moving up the value chain of production and investing heavily in policies centered on domestic innovation and research. This exploratory paper carries out a Discrete Choice Experiment (DCE) among undergraduate students across China (n=1,444) to study students’ choice preferences and antecedents for graduate studies. We find that (i) the correlation between intergenerational education preference reverses with household income, and (ii) graduate program selection is also determined by social concerns inherent to contemporary Chinese society – e.g. conspicuous consumption, marriage market.
Prof. Jie Liu, Beijing Union University, China
Research Area: Regional development management；Strategic Management; Population and ecological policy.