The Labour Attributes of Demand in the ASEAN Economic Community
Keywords:labour attributes, conjoint analysis, highest total utility
This article examines the relative importance of attributes that will directly affect labour markets and employment earnings after Thailand participates in the ASEAN Economic Community agreement in 2016. This research paper considers two types of company: (1) companies under ASEAN free movement of labour and (2) companies not under ASEAN free movement of labour in 2016. The conjoint analysis is utilised with an additive model of five variables to generate a parsimonious orthogonal array of 12 profiles. The five variables are presented in full profile form withall possible combinations, which resulted in 12 rank ordered combinations. Two hundred and seventeen individual recruiters participated in this study. Overall, this study finds that the most important attributes for employees in both types of company are ASEAN nationality and having a higher degree of education. Speaking an ASEAN language is found to be crucial for companies under ASEAN free movement of labour, while speaking English is revealed to be critical for companies not under ASEAN free movement of labour. Finally, attributes of workplace and identity skill are not significantly important for both types of company.
How to Cite
Submission of a manuscript to Applied Economics Journal will be taken to imply that the author(s) guarantee that the paper is an original work, has not been published, and is not being considered for publication elsewhere either in printed or electronic form. The author(s) have obtained permission from the copyright holder to reproduce in the article material not owned by them, that author(s) have acknowledged the source, and that this article contains no violation of any existing copyright or other third party right or any material of an obscene, indecent, libelous or otherwise unlawful nature and that the article does not infringe the rights of others. The author(s) will indemnify and keep indemnified the editors and Applied Economics Journal, Center for Applied Economics Research (CAER), Faculty of Economics, Kasetsart University against all claims and expenses. The author(s) agree that the publisher may arrange for the article to be published and sold or distributed on its own, or with other related materials, and could reproduce and/or distribute in printed, electronic or any other medium whether now known or hereafter devised, in all languages, and to authorize third parties to do the same.