Award Date

1-1-2000

Degree Type

Thesis

Degree Name

Master of Arts (MA)

Department

Economics

First Committee Member

Jeff Waddoups

Number of Pages

57

Abstract

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.

Keywords

Education; Hotel; Incentives; Industry; Nevada; Return

Controlled Subject

Labor economics; Vocational education

File Format

pdf

File Size

1904.64 KB

Degree Grantor

University of Nevada, Las Vegas

Language

English

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