ZHCES Seminar Series
TOPIC: "Human Capital Accumulation in China and India in 20th Century"
Dr. Li Yang
Postdoctoral Fellow, Paris School of Economics, France
Mr. Nitin Kumar Bharti
Research Fellow, Paris School of Economics, France
About the Speaker: Li Yang is the Coordinator for East and South Asia at at the World Inequality Lab and Stone research fellow at INSEAD. He works on income and wealth inequality, economic development and economic history.
Nitin Kumar Bharti is a Research Fellow at the World Inequality Lab. He is a PhD Student at Paris School of University and University of Namur. His research is broadly related to two fields - development economics (early childhood and judiciary) and economic history (long run evolution in - wealth inequality, education).
Abstract: In this paper we study the evolution of modern education in China and India and compare several quantitative and qualitative educational outcomes in the last 100-120 years. The interesting patterns we highlight are: China’s bottom-up approach versus India’s top-down approach, China's broad-based vocational education whereas poorly developed vocational education system of India, China producing more engineering graduates versus India producing more humanities graduates. We conjecture that engineering and vocational graduates helped China in developing the manufacturing sector, whereas elitist education of India created a niche economic sector like IT. Further we show a high skill premium for higher education in India compared to China is fuelling more income inequality in India.
DATE: 28 April, 2021 (Wednesday)
TIME: 4:00 pm
Link to join online talk: meet.google.com/otm-egsx-yrm