Who Benefits from Dual Training Systems? : Evidence from the Philippines
Rising youth unemployment rates have been increasingly recognized as a serious challenge in developing and advanced economies, as the trend indicates a potential skills gap between the demands of the workforce and recent graduates. Effective dual e...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/576691525362185723/Who-benefits-from-dual-training-systems-evidence-from-the-Philippines http://hdl.handle.net/10986/29835 |
| Summary: | Rising youth unemployment rates have
been increasingly recognized as a serious challenge in
developing and advanced economies, as the trend indicates a
potential skills gap between the demands of the workforce
and recent graduates. Effective dual education programs
utilizing a combination of classroom instruction and
practical skill training present an approach to developing a
skilled workforce and meeting workforce demands. To evaluate
the impact of the Philippine Dual Training System on labor
market outcomes, this paper analyzes data from a recent
survey tracking graduates from the Dual Training System and
regular vocational training programs provided by technical
vocational training institutes. The data analysis reveals
that the Dual Training System has a significantly higher
rate of return on labor market earnings compared with
regular, classroom-only vocational training programs,
particularly among high school graduates who did not perform
well academically during basic education. The magnitude of
the impact of the Dual Training System is also likely to
increase in correlation with the intensity of the on-the-job component. |
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