Lesson Learned in Education and Skill Mismatches from Maptaphut Industrial Estate, Thailand

DOI

10.2991/icefs-17.2017.53How to use a DOI?

Keywords

Lesson Learned, Over-education, Under-education, Skill Mismatch, Specific Training, Earnings, Maptaphut Industrial Estate, Thailand.

Abstract

This paper studies educational and skill mismatch by using primary data in Maptaphut Industrial Estate, Rayong Province conducted from 226 surveyed workers. The ordinary least squares (OLS) and unconditional quantile (UQR) regressions are used to examine the mismatches on earnings. The findings are as follow: 1) Returns to education of high income workers are larger than average income workers, 2) Education mismatch affects earnings such that over-education is statistically significant whereas under-education is not significant for both OLS and UQR estimates. The UQR provides more informative on size of the over-education to the returns on schooling, and 3) Specific training for some job positions also indicate educational mismatch and skill mismatch, thus, it is would be a necessity for firms to invest in training for workers to reduce the weakness of education mismatch.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Duangjan Varakamin
PY  - 2017/01
DA  - 2017/01
TI  - Lesson Learned in Education and Skill Mismatches from Maptaphut Industrial Estate, Thailand
BT  - Proceedings of the 2017 International Conference on Economics, Finance and Statistics (ICEFS 2017)
PB  - Atlantis Press
SP  - 414
EP  - 419
SN  - 2352-5428
UR  - https://doi.org/10.2991/icefs-17.2017.53
DO  - 10.2991/icefs-17.2017.53
ID  - Varakamin2017/01
ER  -