EDUCATION AND SKILL MISMATCHES: A CASE STUDY OF MAPTAPHUT INDUSTRIAL ESTATE
Keywords:
Maptaphut Industrial Estate, Educational Mismatch, Skill Mismatch, Specific TrainingAbstract
This article studies educational and skill mismatches by using primary data of 226 surveyed employees in Maptaphut Industrial Estate, Rayong Province. The findings are as follow: 1) Educational and specific mismatches have negative impact on monthly salaries such that over-education is statistically significant at the 0.05 level whereas under-education is statistically insignificant; and 2) Specific training for some job positions also indicates educational and specific training mismatches on monthly salaries. This would cause a necessity for firms to invest on training for employees.
References
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Duncan, G., & Hoffman, S. (1981). The Incidence and wage effects of overeducation. Economics of Education Review, 1(1), 75-86. doi:http://dx.doi.org/10.1016/0272-7757(81)90028-5
Greene, W. (2008). Econometric Analysis (6th ed.). NJ: Prentice Hall.
Hartog, J. (2000). Over-education and earnings: where are we, where should we go? Economics of Education Review, 19(2), 131-147.
Mincer, J. (1974). Schooling, Experience, and Earnings. NY: National Bureau of Economic Research.
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