Impact of Training on Earnings: Evidence from Pakistani Industries

Hyder Asma and Zainab Javaid
Authors registered in the RePEc Author Service: Asma Hyder Baloch

MPRA Paper from University Library of Munich, Germany

Abstract: Abstract Training and skills development play a vital role in individual’s productive capacity and are integral part of Human Resource Development (HRD). This study aims to examine the role of training in determination of wages. By utilizing the cross-sectional data from Labor Force Survey 2005-06, results have shown that training is not significant in the determination of wages, which shows the poor quality of training in the overall economy. Results were obtained by Ordinary Least Square (OLS) technique. However, schooling and other demographic variables have expected signs and magnitudes. The recommendations of the study based on empirical findings are toward technical education and vocational training institutions; they should ideally have to devise their technical education and vocational training exactly according to the requirements of industry. Empirical results also emphasize to improve the quality of training.

Keywords: Wages; Investment in human capital; Training; Cross-section data; Industries; Developing country (search for similar items in EconPapers)
JEL-codes: A20 I21 (search for similar items in EconPapers)
Date: 2009-11-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in Asian Social Science 11.5(2009): pp. 76-85

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