Determinants of Qualification Mismatch in Vietnam

Abstract

Taking advantage of the General Statistics Office 2018 and 2021 Vietnamese labor force survey data and deploying the Heckprobit model, this study points out that the subjective measurement of the qualification mismatch was significantly lower than the objective measurement method. However, the common point is that the rate of working workers having qualification mismatch is relatively high, of which nearly 50% are underqualified compared to their current jobs. Furthermore, the estimation results from the Heckprobit model show that the factors raising the likelihood of qualifications mismatch include: Men, Living with spouses, Having social insurance, Having lower education levels than high school, and Working in foreign-invested enterprises.