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Effect of Locus of Control on Job Performance:Evidence from Australian Panel Data

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  • Bao Ngoc, Nguyen Le

    (School of Economics, University of the Thai Chamber of Commerce)

  • Kesavayuth, Dusanee

    (Faculty of Economics, Kasetsart University)

  • Rangkakulnuwat, Poomthan

    (School of Economics, University of the Thai Chamber of Commerce)

Abstract

This paper aims to examine the importance of locus of control for job performance. We draw on Australian panel data and use the fixed effects panel data analysis technique to estimate the causal effect of locus of control on working people’s job performance. Our findings reveal that locus of control positively affects the adaptive performance dimension of job performance. Employees with a more internal locus of control tend to be better able to adapt to conditions and events in the workplace, leading to better performance on their jobs.

Suggested Citation

  • Bao Ngoc, Nguyen Le & Kesavayuth, Dusanee & Rangkakulnuwat, Poomthan, 2022. "Effect of Locus of Control on Job Performance:Evidence from Australian Panel Data," Asian Journal of Applied Economics/ Applied Economics Journal, Kasetsart University, Faculty of Economics, Center for Applied Economic Research, vol. 29(1), pages 1-25, June.
  • Handle: RePEc:ris:apecjn:0064
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    More about this item

    Keywords

    job performance; locus of control; fixed effects model; HILDA;
    All these keywords.

    JEL classification:

    • D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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