Caste-based Diminished Returns of Educational Attainment on Wealth Accumulation in India

Table 2.

Bivariate Correlations of Education andWealth by Caste

1 2 3 4

  Upper Caste (n = 133,347)          

  1 Age r 1      

p      

         

2 Location (Urban) r .041** 1    

p <0.001    

         

3 (High Education 1-3) r -.259** .225** 1  

p <0.001 <0.001  

         

4 Wealth (Low) r -.051** -.309** -.312** 1

p <0.001 0.000 0.000

         

  Schedule Caste (n = 139,957)          

  1 Age r 1      

p      

         

2 Location (Urban) r .031** 1    

p <0.001    

         

3 (High Education 1-3) r -.410** .153** 1  

p <0.001 <0.001  

         

4 Wealth (Low) r -.038** -.347** -.292** 1

p <0.001 <0.001 <0.001

Pearson Correlation Test; **p < 0.001