This article examines the contribution of educational attainment of Thailand’s
employed persons and labor productivity growth in three sectors and 15 sub-sectors
during 2001–2010. Moreover, the analysis was based on secondary data from two
sources: the Labor Force Surveys conducted between 2001–2010 by the National
Statistical Office (NSO) and the National Economic and Social Development Board
(NESDB). The findings reveal that, in average, employed persons in Thailand still
have low educational attainment - only 6.9 years of schooling in 2010. The average
growth rates of labor productivity during 2001–2010 fluctuated between -4.2 to
6.9% per year depending on the macro-economic circumstances with the mean
value of 2.8% per year over the study period. Finally, the analysis reveals that
education has significantly positive contribution to labor productivity growth; that
is, one percent increase in mean years of schooling leads to 0.5521% increase in
labor productivity