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Education and Skill Mismatches in Maptaphut Industrial Estate, Thailand

Author

Listed:
  • Duangjan Varakamin

    (College of Innovative Business and Accountancy, Dhurakij Pundit University, Bangkok, Thailand)

Abstract

This paper examines educational and skill mismatches by using primary data from Maptaphut Industrial Estate, Rayong Province, Thailand, conducted from 226 respondents. Ordinary least squares (OLS) and unconditional quantile (UQR) regressions are used to examine the mismatches on earnings. The empirical findings are as follows: (1) returns to education of high income workers are larger than average income workers; (2) education mismatches affect earnings, such that over-education is statistically significant, whereas under-education is not significant, for both the OLS and UQR estimates; (3) UQR provides more information on size of the over-education to the returns on schooling; (4) specific training for some job positions also indicates educational and skill mismatches; and (5) firms should invest in training for workers to reduce weaknesses in educational mismatches.

Suggested Citation

  • Duangjan Varakamin, 2017. "Education and Skill Mismatches in Maptaphut Industrial Estate, Thailand," Journal of Reviews on Global Economics, Lifescience Global, vol. 6, pages 233-238.
    • Handle: RePEc:lif:jrgelg:v:6:y:2017:p:233-238
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    File URL: http://www.lifescienceglobal.com/independent-journals/journal-of-reviews-on-global-economics/volume-6/85-abstract/jrge/2808-abstract-education-and-skill-mismatches-in-maptaphut-industrial-estate-thailand
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    More about this item

    Keywords

    Over-education; Under-education; Skill Mismatches; Specific Training; Earnings; Maptaphut Industrial Estate.;
    All these keywords.

    JEL classification:

    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • P36 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty
    • P46 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty

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