ERIC Number: EJ778882
Record Type: Journal
Publication Date: 2003-Nov
Reference Count: N/A
Comparing the Payoff to Vocational and Academic Credentials in Thailand over Time
Hawley, Joshua D.
International Journal of Educational Development, v23 n6 p607-625 Nov 2003
Using data from Thailand's National Labor Force Survey, this paper analyzes the long-run earnings differentials for vocational and academic schooling at the secondary and post-secondary levels. The results show that vocational schooling offers consistently higher returns for men and women at the secondary and post-secondary levels. However, the returns to vocational and academic credentials vary substantially, both by gender and year. The primary conclusion that vocational schooling offers a higher private rate of return should be tempered by the understanding of the long-run decline in value of some vocational credentials and the potential growing importance of all post-secondary degrees.
Descriptors: Credentials, Outcomes of Education, Foreign Countries, Labor Force, Vocational Education, Surveys, Salary Wage Differentials, Secondary Education, Postsecondary Education, Gender Differences
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Publication Type: Journal Articles; Reports - Evaluative
Education Level: Postsecondary Education; Secondary Education
Authoring Institution: N/A
Identifiers - Location: Thailand