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on Efficiency and Productivity |
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Issue of 2008‒01‒12
four papers chosen by |
| By: | Jozef Konings |
| Abstract: | This paper uses longitudinal data of more than 13,000 firms to analyze the effects of on-the-job training on firm level productivity and wages. Workers receiving training are on average more productive than workers not receiving training. This makes firms more productive. On-the-job training increases firm level measured productivity between 1 and 2%, compared to firms that do not provide training. The effect of training on wages is also positive, but much lower than the effect on productivity. Average wages increase only by 0.5%. Sectoral spillovers between firms that train workers are found, but only in firms active in the manufacturing sector. In non-manufacturing no spillovers seem to take place. The results are consistent with recent theories that explain on-the-job training, related to imperfect competition in the labor market, such as monopsony and union bargaining. |
| Keywords: | on-the-job-training, productivity, firm level data, monopsony |
| JEL: | J01 J24 J42 M53 |
| Date: | 2008 |
| URL: | http://d.repec.org/n?u=RePEc:lic:licosd:19708&r=eff |
| By: | Stucchi, Rodolfo |
| Abstract: | The current literature on firm dynamics considers the mobility of firms within the productivity distribution to be determined by exogenous random shocks. This paper evaluates human capital and learning by doing as possible factors determining the mobility once the exogenous shocks have taken place. The main contribution of the paper is to provide evidence on the endogenous mobility of firms within the productivity distribution. |
| Keywords: | Productivity dynamics; Human Capital; Learning by Doing. |
| JEL: | C51 D24 L60 |
| Date: | 2007–10–10 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:6564&r=eff |
| By: | Stengos, T.; Kalaitzidakis,P.; Mamuneas, T. P. |
| Date: | 2008 |
| URL: | http://d.repec.org/n?u=RePEc:gue:guelph:2008-2&r=eff |
| By: | Razzak, Weshah; Timmins, Jason |
| Abstract: | We estimate the effect of four types of education qualifications, as a proxy for human capital and skill levels, on GDP per capita, and compute the average percentage returns. We also test the effect of the product of each proxy of human capital with R&D on GDP per capita. We find that only university qualification and its product with R&D to have a positive effect on the average economy-wide productivity. |
| Keywords: | Labour productivity; education qualification; R&D |
| JEL: | D20 J08 C23 |
| Date: | 2007–02–21 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:1880&r=eff |