Vocational education in Thailand: a study of choice and returns
Economics of Education Review Volume 22, Number 1 ISSN 0272-7757 Publisher: Elsevier Ltd
This study adds new evidence to the debate on the relative benefits of upper secondary vocational education and of general education at the same level. Using a probit model, the study finds that an individual from a well-to-do family is more likely to undertake vocational education. After correcting for possible self-selection, the study also finds vocational education to give higher earnings returns than general education does. These findings call into question the belief that vocational education has been overvalued and that providing general education to the workforce followed by on-the-job training would provide more benefits. Indeed, the study suggests that an investment to improve the access to vocational education might prove more beneficial.
Moenjak, T. & Worswick, C. Vocational education in Thailand: a study of choice and returns. Economics of Education Review, 22(1), 99-107. Elsevier Ltd.