The Extent of Field-of-Study Mismatch in Thailand and its Impact on Earnings
(Pages 816-825)Akkaya Senkrua*
Economics Department, Faculty of Business, Economics and Communication, Naresuan University, Phitsanulok, Thailand.
DOI: https://doi.org/10.55365/1923.x2022.20.92
Abstract:
This research investigates the extent of horizontal mismatch or field-of-study mismatch in Thailand and its impacts on earnings using the Thailand Labor Force Survey of 2017. Samples are individuals aged 15 – 60 years with university degree levels: bachelor’s degree, master’s degree and doctoral degree. The results demonstrate that 32.02% of university graduates in Thailand are horizontally mismatched. In addition, horizontally mismatched graduates earn 6% less than matched graduates. Specifically, graduates with a degree in social science and humanities who are employed in jobs unrelated to their fields of study earn 7% less than horizontally matched graduates. Meanwhile, horizontally mismatched graduates with a degree in physical science earn 2% less than horizontally matched graduates. Essentially, horizontally mismatched workers suffer a wage penalty as a result of human capital underutilization.
Keywords:
Field-of-study mismatch, Horizontal mismatch, Job-education mismatch, Vertical mismatch.
How to Cite:
Akkaya Senkrua. The Extent of Field-of-Study Mismatch in Thailand and its Impact on Earnings. [ref]: vol.20.2022. available at: https://refpress.org/ref-vol20-a92/
Licensee REF Press This is an open access article licensed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/3.0/) which permits unrestricted, non-commercial use, distribution and reproduction in any medium, provided the work is properly cited.