英文摘要 |
In recent years, higher education institutions in Taiwan have enthusiastically engaged in offering various credits programs to the youngsters in response to labor market needs, such as the needs for professional and/or interdisciplinary skills. This paper employs the panel data from Taiwan Education Panel Survey and Beyond and uses the panel data regression for study, aiming to investigate the relationship between credits program and wages. Although variables measuring family backgrounds and personal abilities are not included in the model for the sake of larger samples for analysis, the panel random effect model controls individual-specific effect. A positive relationship between wages and double major degrees is found. The result is quite robust, in spite of the types of institution issuing the certificate and labor market experience. The estimated wage premium for a double major degree is about 24%, being higher if the degree is offered by public school. People with double major degrees working at medium- and small-sized firms, manufacturing, and public sectors are paid higher than otherwise similar workers. The relationship between wages and a teacher-education certification is positive when people just entering the labor markets. Wages and a minor degree becomes positively related if people are of certain employment experiences. However, no exact relationship has been found for the rest of the credits programs. As a consequence, promoting and assisting college students to successfully complete a dual major degree may be a direction worthy of attention in the cross-field skills training system. Highlighting the characteristics of different types of credits program certificates, conducting multifaceted assessments, and examining their relevance to market demand may also be worth considering. |