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Effects of Cognitive and Non-cognitve Skills on Earning Outcomes: A Case of Khonkaen Province of Thailand |
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| รหัสดีโอไอ | |
| Creator | Jongrak Hong-ngam |
| Title | Effects of Cognitive and Non-cognitve Skills on Earning Outcomes: A Case of Khonkaen Province of Thailand |
| Publisher | School of Development Economic |
| Publication Year | 2555 |
| Journal Title | Development Economic Review |
| Journal Vol. | 6 |
| Journal No. | 2 |
| Page no. | 1 |
| Keyword | Cognitive skills, Non-cognitive skills, Earning, Khonkaen Province of Thailand |
| ISSN | 1906-2540 |
| Abstract | From the well-known Mincer equation explained years of schooling and potential training periods as main sources for earnings differential, this study further analyzes another explanation of earnings in terminology of non-cognitive skills. Difference in wages in different occupations and genders could be explained by non-cognitive traits. Signifi cant non-cognitive variables are 1. locus of control 2. self-esteem 3. big fi ve personalities and 4. confl ict management. After adding a non-cognitive skill called "Locus of Control" into the model and comparing without it, the coeffi cients declined when adding a non-cognitive skill. Unlike cognitive skills, adding non-cognitive measures to the model greatly reduces the explanation by cognitive skills (years of schooling), experience year, and training hour. |