Non-cognitive skills and labor market outcomes : evidences from Thailand
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2014
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2557
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eng
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137 แผ่น
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b185118
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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
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Ponlapat Rattana-ananta (2014). Non-cognitive skills and labor market outcomes : evidences from Thailand. Retrieved from: http://repository.nida.ac.th/handle/662723737/3071.
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Non-cognitive skills and labor market outcomes : evidences from Thailand
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Abstract
This study consists of both theoretical and empirical parts. In the theoretical
part, the definitions of non-cognitive skills and similar proposed concepts are revealed
as individual psychological characteristics that signal the skills or abilities to provide
individual or improve group “effort,” and these characteristics can be observed
through one’s personality, traits, behaviours, habits, and attitudes. A review of
existing effort-inclusive economic models and psychological theories of motivation
confirmed that effort involves both pre-determined and situational factors. Based on
Atkinson’s theory of achievement motivation and Bandura’s theory of self-efficacy,
an economic concept of individual motivation and effort was developed. The level of
an individual’s effort depends on the strength of his or her motivation and both effort
and motivation are determined by motive, the existing characters of the individual
required to approach or avoid certain behaviours; self-efficacy, the belief that a person
can perform required actions; outcome expectation, the belief that actions will lead to
desired outcomes; and incentive value, the attractiveness of the foreseen outcomes.
In the empirical part of the present study, earning differences in the Thai
labour market due to a worker’s psychological character of generalized self-efficacy
were investigated. Self-efficacy is defined as a person’s belief about his or her ability
to organize and execute courses of action necessary to achieve a goal. Based on the
Thai Mental Health Survey, the influence of self-efficacy on individual earnings was
estimated and compared to that of traditional human capital. The analysis of four
different model specifications confirmed the endogenous nature of self-efficacy. The
impact of self-efficacy on individual earnings was statistically significant in the full
sample and in almost all sub-samples. Its impact on earnings was independent from
other demographic variables and unrelated to year of schooling or work experience.
The contribution of self-efficacy to the earnings of males was slightly higher than that
of females. The relative values of self-efficacy compared with year of schooling and
work experience were higher in the private sector than in the government sector, and
they were different across occupations.
This study also makes brief policy recommendations to improve self-efficacy
and introduces new paradigms of human development, namely human capability and
the technology of skill formation.
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Dissertation (Ph.D. (Economics))--National Institute of Development Administration, 2014.