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IZA Journal of Labor & Development

Table 3 Wage returns to on-the-job training

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

 

Difference in log wages

SE

t-stat

 

(1)

(2)

(3)

Panel A: Malaysia

   

Unmatched

0.429***

0.02

21.9

ATT

0.077***

0.03

2.92

Untreated

4,425

  

Treated

2,202

  

Sample size

6,627

  

Panel B: Thailand

   

Unmatched

0.284***

0.02

15.46

ATT

0.045**

0.02

2.37

Untreated

4,477

  

Treated

4,941

  

Sample size

9,418

  
  1. Source: Authors’ calculations based on the Enterprise Surveys (World Bank).
  2. Note: * significant at 10%, ** significant at 5%, *** significant at 1%. The table explores the propensity score matching estimate of equation (4) in the text. Panel A reports the PSM results for the sample of workers in Malaysia, and Panel B reports the results for the sample of workers in Thailand. Column (1) reports the Average Treatment Effect on the Treated (ATT). The estimate gives the impact on wages of training for those actually participating in training. Column (2) reports standard errors and column (3) reports the t-statistic.
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