Whither Human Capital? The Woeful Tale of Transition to Tertiary Education in India

9 Pages Posted: 20 Aug 2011

See all articles by Sumon K. Bhaumik

Sumon K. Bhaumik

Aston University - Aston Business School; Institute for the Study of Labor (IZA); University of Michigan at Ann Arbor - Stephen M. Ross School of Business, William Davidson Institute

Manisha Chakrabarty

Indian Institute of Management Calcutta

Date Written: July 19, 2011

Abstract

In this paper we examine the issue of high dropout rates in India which has adverse implications for human capital formation, and hence for the country’s long term growth potential. Using the 2004-05 National Sample Survey employment-unemployment survey data, we estimate transition probabilities of moving from a number of different educational levels to higher educational levels using a sequential logit model. Our results suggest that the overall probability of reaching tertiary education is very low. Further, even by the woeful overall standards, women are significantly worse-off, particularly in rural areas.

Keywords: Education, Transitional Probability, India

JEL Classification: I21

Suggested Citation

Bhaumik, Sumon K. and Chakrabarty, Manisha, Whither Human Capital? The Woeful Tale of Transition to Tertiary Education in India (July 19, 2011). William Davidson Institute Working Paper No. 1019. Available at SSRN: https://ssrn.com/abstract=1912830 or http://dx.doi.org/10.2139/ssrn.1912830

Sumon K. Bhaumik (Contact Author)

Aston University - Aston Business School ( email )

Aston Triangle
Birmingham, West Midlands B47ET
United Kingdom

Institute for the Study of Labor (IZA) ( email )

Schaumburg-Lippe-Str. 7 / 9
Bonn, D-53072
Germany

University of Michigan at Ann Arbor - Stephen M. Ross School of Business, William Davidson Institute

724 E. University Ave.
Wyly Hall
Ann Arbor, MI 48109-1234
United States

Manisha Chakrabarty

Indian Institute of Management Calcutta ( email )

Joka
D.H Road
Kolkata, West Bengal 700104
India

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