The impact of training on productivity and wages: Firm-level evidence

This paper uses firm-level panel data of on-the-job training to estimate its impact on productivity and wages. To this end, we apply and extend the control function approach for estimating production functions, which allows us to correct for the endogeneity of input factors and training. We find tha...

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Bibliographic Details
Published in:The review of economics and statistics 2015-05, Vol.97 (2), p.485-497
Main Authors: Konings, Jozef, Vanormelingen, Stijn
Format: Article
Language:English
Subjects:
1997-2006
Arbeitsmarkt
Arbeitsproduktivität
Auswirkung
Belgien
Betriebliche Weiterbildung
Betriebliches Bildungsmanagement
Economic theory
Estimation
Großbritannien
Imperfect competition
Inservice training
Job training
Labor market
Labour market
Lohnhöhe
Lohnniveau
Monopson
Panel data
Production functions
Productivity
Produktivitätseffekt
Qualifikationsentwicklung
Studies
Tarifverhandlungen
Wages
Wages & salaries
Weiterbildung
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