Labor Market Effects of High School Science Majors in a High Stem Economy

44 Pages Posted: 19 Nov 2018 Last revised: 15 Dec 2018

See all articles by Tarun Jain

Tarun Jain

Indian School of Business (ISB), Hyderabad

Abhiroop Mukhopadhyay

Indian Statistical Institute, New Delhi - Delhi Centre

Nishith Prakash

University of Connecticut; Institute for the Study of Labor

Raghav Rakesh

Michigan State University

Abstract

This paper explores the association between studying science at the higher secondary stage and labor market earnings using nationally representative data on high school subject choices and adult outcomes for urban males in India. Results show that those who studied science in high school have 22% greater earnings than those who studied business and humanities, even after controlling for several measures of ability. These higher earnings among science students are further enhanced if the students also have some fluency in English. Moreover, greater earnings are observed among individuals with social and parental support for translating science skills into higher earnings. Science education is also associated with more years of education, likelihood of completing a professional degree, and among low ability students, working in public sector positions.

Keywords: high-school majors, labor markets, science, STEM, India

JEL Classification: 23, I26, J24

Suggested Citation

Jain, Tarun and Mukhopadhyay, Abhiroop and Prakash, Nishith and Rakesh, Raghav, Labor Market Effects of High School Science Majors in a High Stem Economy. IZA Discussion Paper No. 11934. Available at SSRN: https://ssrn.com/abstract=3286167

Tarun Jain (Contact Author)

Indian School of Business (ISB), Hyderabad ( email )

Abhiroop Mukhopadhyay

Indian Statistical Institute, New Delhi - Delhi Centre ( email )

7 S .J. S.
Sansanwal Marg
New Delhi, 110016
India

Nishith Prakash

University of Connecticut ( email )

365 Fairfield Way, U-1063
Storrs, CT 06269-1063
United States

HOME PAGE: http://https://sites.google.com/site/nishithprakash1978/

Institute for the Study of Labor ( email )

P.O. Box 7240
Bonn, D-53072
Germany

Raghav Rakesh

Michigan State University

Agriculture Hall
East Lansing, MI 48824-1122
United States

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