The Effect of Education and Experience on Wages: The Case Study of Thailand in 2012

Authors

  • Wit Wannakrairoj Department of Economics, University of Washington, Washington, USA

Keywords:

Education, Wage, Experience

Abstract

This paper examines the effect of education and experience on wages of workers in Thailand, especially the differences in urban and rural labor markets. This paper proposes that both education and experience significantly impacts wages. The study estimates are based on the Mincerian wage equation with a large cross-section data of Thai individuals. The results suggest that education and experience are positively correlated with the wages of labor in both urban and rural labor markets. This relationship is significant and evident across all the estimation.

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How to Cite

Wannakrairoj, W. (2013). The Effect of Education and Experience on Wages: The Case Study of Thailand in 2012. SOUTHEAST ASIAN JOURNAL OF ECONOMICS, 27–48. Retrieved from https://so05.tci-thaijo.org/index.php/saje/article/view/48748

Issue

Southeast Asian Journal of Economics, Vol. 1 No. 1 (January - December 2013)

Section

Original Articles

License

The submission of a manuscript implies that the paper is an original work and has not been published elsewhere. The author(s) authorize the journal to reproduce or distribute the paper in printed or other electronic forms.