The impact of training on productivity and wages: firm level evidence

Konings, Jozef; Vanormelingen, Stijn

dc.contributor.author	Konings, Jozef
dc.contributor.author	Vanormelingen, Stijn
dc.date.accessioned	2016-11-22T03:45:56Z
dc.date.available	2016-11-22T03:45:56Z
dc.date.issued	2009-09
dc.identifier.citation	Konings Jozef, Vanormelingen Stijn, 2009, Centre for Economic Policy Research; The impact of training on productivity and wages: firm level evidence. http://nur.nu.edu.kz/handle/123456789/1905	ru_RU
dc.identifier.uri	http://nur.nu.edu.kz/handle/123456789/1905
dc.description.abstract	This paper uses firm level panel data of firm provided training to estimate its impact on productivity and wages. To this end the strategy proposed by Ackerberg, Caves and Frazer (2006) for estimating production functions to control for the endogeneity of input factors and training is applied. The productivity premium for a trained worker is estimated at 23%, while the wage premium of training is estimated at 12%. Our results give support to recent theories that explain work related training by imperfect competition in the labor market.	ru_RU
dc.language.iso	en	ru_RU
dc.publisher	Centre for Economic Policy Research	ru_RU
dc.rights	Attribution-NonCommercial-ShareAlike 3.0 United States	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-sa/3.0/us/	*
dc.subject	human capital	ru_RU
dc.subject	production functions and training	ru_RU
dc.subject	Research Subject Categories::SOCIAL SCIENCES::Business and economics	ru_RU
dc.title	The impact of training on productivity and wages: firm level evidence	ru_RU
dc.title.alternative	Industrial organization and labour economics	ru_RU
dc.type	Working Paper	ru_RU