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THE ROLE OF INVESTMENT IN EDUCATION ...

CHINTAKANANDA, KLIN-KEO P.

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THE ROLE OF INVESTMENT IN EDUCATION IN THAILAND'S ECONOMIC AND SOCIAL DEVELOPMENT (1961--1976).

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	THE ROLE OF INVESTMENT IN EDUCATION IN THAILAND'S ECONOMIC AND SOCIAL DEVELOPMENT (1961--1976)./
作者:	CHINTAKANANDA, KLIN-KEO P.
面頁冊數:	234 p.
附註:	Source: Dissertation Abstracts International, Volume: 41-01, Section: A, page: 0319.
Contained By:	Dissertation Abstracts International41-01A.
標題:	Economics, General. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=8016414

THE ROLE OF INVESTMENT IN EDUCATION IN THAILAND'S ECONOMIC AND SOCIAL DEVELOPMENT (1961--1976).
CHINTAKANANDA, KLIN-KEO P.

THE ROLE OF INVESTMENT IN EDUCATION IN THAILAND'S ECONOMIC AND SOCIAL DEVELOPMENT (1961--1976). - 234 p.

Source: Dissertation Abstracts International, Volume: 41-01, Section: A, page: 0319.

Thesis (Ph.D.)--Indiana University, 1980.

The objective of this study is to examine the educational policies and planning during the three Economic and Social Development Plans of Thailand during the years 1961 to 1976 in terms of their effect on development and the efficiency of the resources used. The analyses include a detailed study of educational developments during this period, and the estimates of the rate of return to education.Subjects--Topical Terms:

1017424
Economics, General.

THE ROLE OF INVESTMENT IN EDUCATION IN THAILAND'S ECONOMIC AND SOCIAL DEVELOPMENT (1961--1976).
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245 1 4 $a THE ROLE OF INVESTMENT IN EDUCATION IN THAILAND'S ECONOMIC AND SOCIAL DEVELOPMENT (1961--1976).
300 $a 234 p.
500 $a Source: Dissertation Abstracts International, Volume: 41-01, Section: A, page: 0319.
502 $a Thesis (Ph.D.)--Indiana University, 1980.
520 $a The objective of this study is to examine the educational policies and planning during the three Economic and Social Development Plans of Thailand during the years 1961 to 1976 in terms of their effect on development and the efficiency of the resources used. The analyses include a detailed study of educational developments during this period, and the estimates of the rate of return to education.
520 $a During the Plans, the government recognized education as one of the highest priorities in development. Due to the limited physical capital, it decided that the desired pace of economic growth could be best achieved by increasing the quantity and improving the quality of its labor force. Emphasis was placed on the expansion of higher levels of education which would meet projected requirements of middle and higher levels of manpower in the planning horizon. Other objectives included the expansion of educational opportunities to all children of school-attending age and the qualitative improvement of education at all levels especially in regional and rural areas.
520 $a Using the 1968-69 Socioeconomic Survey and employing the method of multiple regression, we estimated the earnings functions for people with income for the whole sample and the non-agricultural sector. From these regression estimates we derived the age-earnings profiles adjusted for various factors such as sex, age, and economic sector. The profiles revealed that there was a positive relationship between education and earnings. We then applied the cost of education to the estimated earnings and estimated the rate of return to education for various educational levels for the whole sample and the non-agricultural sector. In both cases, the social rate of return for primary and lower secondary education were higher than the corresponding rates from higher secondary and higher education.
520 $a Our rate of return findings and the study of educational developments during the Plans showed that: First, in terms of efficiency of resource allocation, the higher levels of education received a disproportionate share of the government expenditure and that resources should be shifted from these levels to the primary and lower secondary education. Second, in terms of equity considerations, the concentration of educational resources at the higher levels of education and in urban sectors have benefited only a small proportion of the population at the expense of the majority. We feel that this is one of the factors contributing to the lower productivity and earnings of people living in the rural areas. Third, we have suggested that the cost-benefit aspect of investment in education be incorporated in the educational planning of Thailand.
520 $a Our study deals with the monetary and economic aspects of the role of investment of education in Thailand. However, we have noted that there are other external benefits of education which accrue to the society, such as the improvement of social stability, the improvement of physical and mental health of the population, that should be taken into consideration by the government in educational planning.
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650 4 $a Economics, General. $3 1017424
650 4 $a Education, History of. $3 599244
650 4 $a Sociology, Social Structure and Development. $3 1017425
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710 2 $a Indiana University. $3 960096
773 0 $t Dissertation Abstracts International $g 41-01A.
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791 $a Ph.D.
792 $a 1980
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