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Jetson Chitdecha. The effect of human capital on income in Thailand : a spatial effect analysis. Master's Degree(Economics). Thammasat University. Thammasat University Library. : Thammasat University, 2016.
The effect of human capital on income in Thailand : a spatial effect analysis
Name: Jetson Chitdecha
keyword:
Return on human capital
LCSH:
Human capital
-- Thailand
Abstract:
This paper aims to analyze the effect of human capital on income in Thailand with the inclusion of spatial influence by applying three spatial econometric models based on a Mincer-type equation to Thailands Labor Force Survey (LFS) for the years 2001 to 2015. Specifically, this study applies three spatial econometric models, namely, the spatial lag model, the spatial error model, and the spatial durbin model, to correct the problem of omitted variables representing the influences caused by spatial factors. The statistically significant results indicate that the wage determination mechanism in Thailand is compatible with Mincers theory. In addition, all three spatial econometric models reveal an inter-province influence on wage determination, thereby indicating that the level of labor wage in a particular province is induced by factors within the province and its neighbors that are not considered in the examined model. These findings highlight the importance of developing new policies that focus on mitigating the spatial inequality of wage determination in Thailand, such as promoting multicenter development by taking advantage of the spatial effect from super cluster development. This study also provides directions for future research on the region-specific influences on the wage premium in Bangkok and other main provinces in Thailand
Thammasat University. Thammasat University Library
Address:
BANGKOK
Email:
preserv@tu.ac.th
Name: Nattapong Puttanapong
Role:
advisor
Created:
2016
Modified:
2564-05-21
Issued:
2021-05-21
วิทยานิพนธ์/Thesis
application/pdf
eng
DegreeName: Master of Economics
Level: Master's Degree
Descipline: Economics
Grantor: Thammasat University
©copyrights Thammasat University
RightsAccess:
ใช้เวลา
0.020851 วินาที
Jetson Chitdecha
| Title | Contributor | Type |
|---|---|---|
| The effect of human capital on income in Thailand : a spatial effect analysis
มหาวิทยาลัยธรรมศาสตร์ Jetson Chitdecha | Nattapong Puttanapong | วิทยานิพนธ์/Thesis |
Nattapong Puttanapong