Abstract
The expectation of higher earnings returns to education for core sector workers and especially for managerial workers in the core sectors is largely unsupported by the analysis presented in this chapter. The analysis utilizing the industry-level sectors produces results that are in a pattern opposite to that expected. Utilizing company-level economic sectors, the lowest educational returns are observed in the local sector, but the contrast between these returns and those in the monopoly sector is not statistically significant. Sector earnings returns to education are highest in the multiplant sector rather than in the monopoly sector. When earnings returns to education are analyzed within classes, the highest returns are observed for autonomous workers in the local sector rather than for managers in the monopoly sector. Overall, these divergent patterns provide little support for the hypothesis of greater earnings returns to education in core sectors. The analysis of earnings inequality between classes within economic sectors also produces only insignificant or negative findings.
Published Version
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