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Table A6 Average marginal effects for Thai Firms

From: The wage returns to on-the-job training: evidence from matched employer-employee data

 

(1)

(2)

(3)

(4)

(5)

(6)

(7)

Small

0.055

0.045

0.041

0.079

0.077

0.078

0.072

 

[0.062]

[0.062]

[0.063]

[0.058]

[0.059]

[0.057]

[0.060]

Medium

0.183***

0.169***

0.166***

0.185***

0.182***

0.177***

0.170***

 

[0.037]

[0.039]

[0.039]

[0.035]

[0.036]

[0.035]

[0.039]

Large

0.253***

0.235***

0.232***

0.251***

0.248***

0.240***

0.238***

 

[0.034]

[0.035]

[0.035]

[0.033]

[0.033]

[0.033]

[0.035]

Very large

0.326***

0.299***

0.295***

0.318***

0.310***

0.296***

0.279***

 

[0.039]

[0.040]

[0.041]

[0.039]

[0.040]

[0.040]

[0.041]

Age firm

0.004

0.004

0.004

0.004

0.005

0.005

0.006

 

[0.005]

[0.004]

[0.004]

[0.004]

[0.004]

[0.004]

[0.005]

Exporter

 

0.059**

0.060**

0.049*

0.045

0.042

0.048*

  

[0.028]

[0.028]

[0.027]

[0.027]

[0.027]

[0.027]

Minority foreign ownership

 

0.004

0.004

-0.006

-0.008

-0.009

-0.002

  

[0.036]

[0.036]

[0.037]

[0.037]

[0.038]

[0.038]

Majority foreign ownership

 

0.123***

0.123***

0.105**

0.104**

0.099**

0.117***

  

[0.040]

[0.040]

[0.045]

[0.046]

[0.048]

[0.040]

Full foreign ownership

 

-0.031

-0.03

-0.062

-0.069

-0.073

-0.042

  

[0.067]

[0.067]

[0.069]

[0.070]

[0.072]

[0.064]

Share of skilled workers

  

-0.035

-

-

-

-

   

[0.049]

    

Education labor force

   

0.026***

0.024***

0.022***

0.021***

    

[0.005]

[0.005]

[0.005]

[0.005]

Education of manager

    

0.059**

0.051**

0.071***

     

[0.026]

[0.026]

[0.026]

New production technology

     

0.078***

0.085***

      

[0.023]

[0.023]

Industry fixed effects?

Yes

Yes

Yes

Yes

Yes

Yes

No

Region fixed effects?

Yes

Yes

Yes

Yes

Yes

Yes

No

Industry-region fixed effects?

No

No

No

No

No

No

Yes

Observations

1,278

1,277

1,277

1,277

1,277

1,277

1,348

  1. Source: Authors’ calculations based on the Enterprise Surveys (World Bank).
  2. The dependent variable is a dummy variable that assumes the value 1 if the firm offered formal on-the-job training to its employees. The table reports the marginal effects (at mean values) on the firm's propensity to train from probit regressions. Robust standard errors are in brackets. * significant at 10%, ** significant at 5%, *** significant at 1%. All variables are defined in Table A2. Micro firms (with less than 10 employees) is the omitted size group. Age squared is also included in the regressions (not reported). Industry fixed effects refer to 2 digit industry or service.