The educational pay differential by economic sector is of great importance because it links to an array of theoretical, empirical and policy labour market issues. For example, public-private pay differentials by education can have an efficiency interpretation on the utilisation of qualified labour in the economy.
The purpose of this article is to investigate empirically and interpret the public versus private pay differential by education in six countries using individual data. Three countries belong to the industrialised group and the other three to the less industrialised group.
The individual data used have an advantage over grouped data in that they permit standardisation for other characteristics of the employees in the two sectors (such as sex, age and education) and in that they preserve personal variations in pay between employees.
The data base is presented in Appendix A and the definition of the "public" and "private" sectors in each country case is explained in Appendix B. In order to avoid issues of sex discrimination the analysis concentrates only on males. The second section of the article presents the basic pay differentials, and the third section gives the results of a regression standardisation procedure. The final section discusses the findings.
Author: Psacharopoulos, George.Document Date: 2011/11/04. Document Type: Journal Article. Report Number:REP345.Volume No: 1 of 1
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