Abstract: The accumulation and raise of income of human capital is crucial to China’s industry upgrading and shift of its economic growth mode as it enters the medium-income development stage. This paper, based on the micro-sample data on 2011 monitoring survey of migrant workers from State Statistics Bureau, measures and describes the structural features of human capital of rural migrant workers and, leaving aside the effect of educational level, evaluates the average effect of skills training on human capital income of migrant workers with the application of PSM. The study finds that, among the migrant workers, the income of those who have received skill-training other than agricultural increase 136.8 Yuan monthly than those who have not, which means skill-training raises the income of human capital of migrant workers by 8.24 percent. The results of this study have significant implications for policy making as regards to the perfection and increase of human capital of manpower in the medium-income stage.
Key Words: Training; Returns of Human Capital; Propensity Score; ATT
(in Chinese Rural Economy, No.8, 2013)