Returns to education in the Nevada hotel industry: Incentives for education in Nevada

The present study estimates returns to education in Nevada based on ideas found in human capital theory to provide insight into the incentives facing students or potential students in Nevada. Four industry/location categories were constructed using data from the Current Population Survey: the Las Vegas hotel industry, the hotel industry elsewhere in Nevada, all other industries in Las Vegas, and all other industries elsewhere in Nevada. Results indicate that there is a lack of a significant wage penalty for less educated workers in the hotel industry, this effect seems further compounded in Las Vegas. Furthermore, there appear to be clearer returns to education in other industries and elsewhere in Nevada. These conditions suggest that students anticipating employment in the Las Vegas hotel industry would be less likely to invest in additional units of human capital. These effects are posited to be a partial explanation why education rates in Nevada are among the lowest in the nation.

Name thesis:degree_name

Master of Arts (MA)

Level thesis:degree_level

Thesis

Discipline thesis:degree_discipline

Economics

Grantor dc:publisher

University of Nevada, Las Vegas

Year

2000

Author dc:creator

• Beard, Alan Lee

Contributors dc:contributor

• Jeff Waddoups

Statement dc:rights

• IN COPYRIGHT. For more information about this rights statement, please visit http://rightsstatements.org/vocab/InC/1.0/

Language dc:language

English

Identifier

https://oasis.library.unlv.edu/rtds/1235

OAI identifier oai:identifier

oai:oasis.library.unlv.edu:rtds-2234