英文摘要 |
Specifying selectivity of labor force participation and endogeneity of sectoral choice, this study estimates the wage premium for Taiwan’s public sector versus private sector over the past 25 years. In the context of counterfactual decomposition based on quantile regression and bootstrapping, estimations of this study account for both the heterogeneous marginal rate of return across wage distribution and the different distributions of covariates between the two sectors. The empirical results show that public sector wage premium was largely negative for top skilled workers in 1980, while it fluctuated between positive and negative ranges for medium-and-above skilled workers during the 80s and the 90s. For unskilled public sector workers, a positive wage premium has existed since the 80s and sharply increased in recent years. Applying quantile regression to counterfactual decomposition, this study provides new evidence on Taiwan’s public sector wage premium which differs from the results of previous literature. |