Effect of Double College Major on Earning Outcomes in Lao PDR
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Abstract
Based on Human capital Theory that investment in schooling is the main determination on individual future earning, this study aims to show further study the effects of double major (degree) on individual earning by using Lao PDR as case study. Using raw data set from the World Bank Skills toward Employability and Productivity (STEP) Measurement Program 2012, our results show that graduates with double major earn do not have any effects on individual earnings. One possible reason is that an additional major (degree) may not be the key factor to determine additional wage paid in Lao’s labor market. There is only those with college/ university degree double major in social science/education that are found to be statistically significant on higher earning outcomes.
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