This paper investigates the e®ects of training on labor productiv- ity using a unique nationally representative panel of Italian ¯rms for the period 2002 to 2005. We ¯nd that training has a positive and signi¯cant e®ect on productivity. Using a variety of panel estimation techniques, we show that failing to account for unobserved heterogene- ity leads to overestimate the impact of training on productivity, while failing to account for endogeneity leads to substantially underestimate it. Training also has a positive and signi¯cant impact on wages, but this e®ect is about half the size of the e®ect on productivity. Within occupational groups, the e®ect of training on productivity is large and signi¯cant for blue-collars, but small and not signi¯cant for white collars.

Colombo, E., Stanca, L. (2008). The Impact of Training on Productivity: Evidence from a Large Panel of Firms [Working paper del dipartimento].

The Impact of Training on Productivity: Evidence from a Large Panel of Firms

COLOMBO, EMILIO;STANCA, LUCA MATTEO
2008

Abstract

This paper investigates the e®ects of training on labor productiv- ity using a unique nationally representative panel of Italian ¯rms for the period 2002 to 2005. We ¯nd that training has a positive and signi¯cant e®ect on productivity. Using a variety of panel estimation techniques, we show that failing to account for unobserved heterogene- ity leads to overestimate the impact of training on productivity, while failing to account for endogeneity leads to substantially underestimate it. Training also has a positive and signi¯cant impact on wages, but this e®ect is about half the size of the e®ect on productivity. Within occupational groups, the e®ect of training on productivity is large and signi¯cant for blue-collars, but small and not signi¯cant for white collars.
Working paper del dipartimento
Scientifica
On-the-Job-Training; Productivity; Wages; Panel Data
English
Colombo, E., Stanca, L. (2008). The Impact of Training on Productivity: Evidence from a Large Panel of Firms [Working paper del dipartimento].
Colombo, E; Stanca, L
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10281/23176
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