Estimation of the sheepskin effect in university professionals in the Huánuco region, Peru
DOI:
https://doi.org/10.33595/2226-1478.14.3.872Keywords:
Sheepskin effect, wages, academic degrees, return to education, university professionalAbstract
The objective of the study was to estimate the effect of possession of university degrees (sheepskin effect) on the salaries of university professionals in the Huánuco region, Peru for the year 2014. The theoretical framework is based on the theoretical model of academic degrees. Proposed by Hungerford and Solon, this model establishes a relationship between the possession of academic degrees and people’s salaries. Regarding the methodology, the study is characterized by being of a quantitative approach and of an applied type, with an explanatory level and a non-experimental cross-sectional design. In this sense, data from the 2014 National Survey of University and Universities Graduates carried out by the National Institute of Statistics and Informatics (INEI) were used to estimate a multivariate linear regression econometric model. The econometric model estimation results indicate that possession of academic degrees has a direct and significant effect on wages; In particular, it is found that the academic degree of Master and Doctor have a greater effect on the salaries of professionals compared to professionals who do not have said degrees, evidencing the sheepskin effect in the Huánuco region.
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Copyright (c) 2023 Johana Faustino-Jesús, Isidro Enciso-Gutierrez, Roberto Calero
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