Impact of Attending Training Programs on Income: An Analysis Using Bangladesh Quarterly Labour Force Survey 2015-2016

Abstract

This study investigates the impact of attending vocational training programs on income, focusing special attention on the youths. Using data from the Bangladesh Quarterly Labour Force Survey (2015-2016), it investigates the relationship between training program participation and monthly income in a multivariate setting. Separate analyses were performed for respondents of two age groups, 15 to 65 years and 18 to 35 years, using the Ordinary Least Square technique. A significant and positive impact of training participation on income was found for both groups. The estimated results show an average young person attending training programs earn US$34.78 (Tk 2,949) more per month compared with those not attending such training. The estimated results were found robust in the sensitivity analyses using different subsamples of study respondents.