The impact of training on the conditional wage distribution in selected service subsectors in Malaysia

Human capital theory postulates that human capital investment has positive impact on wages. Training as one of the human capital components is important for providing the workforce with the necessary skills, enhancing workers skills and productivity and hence raising their wages. The objective of...

Full description

Bibliographic Details
Main Authors: Liew, Chei Siang, Zulridah Mohd Noor
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2015
Online Access:http://journalarticle.ukm.my/9028/
http://journalarticle.ukm.my/9028/
http://journalarticle.ukm.my/9028/1/jeko_49%281%29-4.pdf
id ukm-9028
recordtype eprints
spelling ukm-90282016-12-14T06:48:46Z http://journalarticle.ukm.my/9028/ The impact of training on the conditional wage distribution in selected service subsectors in Malaysia Liew, Chei Siang Zulridah Mohd Noor, Human capital theory postulates that human capital investment has positive impact on wages. Training as one of the human capital components is important for providing the workforce with the necessary skills, enhancing workers skills and productivity and hence raising their wages. The objective of this paper is to investigate the degree to which workrelated training affect the location, scale and shape of the conditional wage distribution using quantile regression (QR) approach. Using data from the Workers’ Competitiveness Survey conducted in the year 2007/2008, we utilize both ordinary least squares (OLS) and QR regression techniques to estimate associations between work-related training and wages for selected services subsectors in Malaysia. The results show that the association between number of training attended and wages are dissimilar across the five quantiles. The training affects not only the location but the scale and the shape of the conditional wages distribution. We also observe positive and significant training effects as well as symmetrical-sloping profiles across quantiles of the conditional wages distribution. Penerbit Universiti Kebangsaan Malaysia 2015 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/9028/1/jeko_49%281%29-4.pdf Liew, Chei Siang and Zulridah Mohd Noor, (2015) The impact of training on the conditional wage distribution in selected service subsectors in Malaysia. Jurnal Ekonomi Malaysia, 49 (1). pp. 37-48. ISSN 0127-1962 http://www.ukm.my/fep/jem/content/2015.html
repository_type Digital Repository
institution_category Local University
institution Universiti Kebangasaan Malaysia
building UKM Institutional Repository
collection Online Access
language English
description Human capital theory postulates that human capital investment has positive impact on wages. Training as one of the human capital components is important for providing the workforce with the necessary skills, enhancing workers skills and productivity and hence raising their wages. The objective of this paper is to investigate the degree to which workrelated training affect the location, scale and shape of the conditional wage distribution using quantile regression (QR) approach. Using data from the Workers’ Competitiveness Survey conducted in the year 2007/2008, we utilize both ordinary least squares (OLS) and QR regression techniques to estimate associations between work-related training and wages for selected services subsectors in Malaysia. The results show that the association between number of training attended and wages are dissimilar across the five quantiles. The training affects not only the location but the scale and the shape of the conditional wages distribution. We also observe positive and significant training effects as well as symmetrical-sloping profiles across quantiles of the conditional wages distribution.
format Article
author Liew, Chei Siang
Zulridah Mohd Noor,
spellingShingle Liew, Chei Siang
Zulridah Mohd Noor,
The impact of training on the conditional wage distribution in selected service subsectors in Malaysia
author_facet Liew, Chei Siang
Zulridah Mohd Noor,
author_sort Liew, Chei Siang
title The impact of training on the conditional wage distribution in selected service subsectors in Malaysia
title_short The impact of training on the conditional wage distribution in selected service subsectors in Malaysia
title_full The impact of training on the conditional wage distribution in selected service subsectors in Malaysia
title_fullStr The impact of training on the conditional wage distribution in selected service subsectors in Malaysia
title_full_unstemmed The impact of training on the conditional wage distribution in selected service subsectors in Malaysia
title_sort impact of training on the conditional wage distribution in selected service subsectors in malaysia
publisher Penerbit Universiti Kebangsaan Malaysia
publishDate 2015
url http://journalarticle.ukm.my/9028/
http://journalarticle.ukm.my/9028/
http://journalarticle.ukm.my/9028/1/jeko_49%281%29-4.pdf
first_indexed 2023-09-18T19:53:47Z
last_indexed 2023-09-18T19:53:47Z
_version_ 1777406394122633216