The DOI matches its Crossref record; 31 of the 31 references it cites were found in a registry or an index.
The Impact of Training on Productivity and Wages: Firm-Level Evidence
Open accessAbstract
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 that the productivity premium of a trained worker is substantially higher compared to the wage premium. Our results are consistent with recent theories that explain work-related training by imperfect competition in the labor market.
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Cites
On the mechanics of economic development
Lucas, R. E. (1988) · Journal of Monetary Economics · doi:10.1016/0304-3932(88)90168-7 · Cited by 24,085
Initial conditions and moment restrictions in dynamic panel data models
Blundell, R., & Bond, S. (1998) · Journal of Econometrics · doi:10.1016/s0304-4076(98)00009-8 · Cited by 22,571
Filders, R. (1992) · International Journal of Forecasting · doi:10.1016/0169-2070(92)90130-2 · Cited by 16,165
Initial conditions and moment restrictions in dynamic panel data models
Blundell, R., & Bond, S. (1995) · Working Paper Series · doi:10.1920/wp.ifs.1995.9517 · Cited by 14,755
The Dynamics of Productivity in the Telecommunications Equipment Industry
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Estimating Production Functions Using Inputs to Control for Unobservables
Levinsohn, J., & Petrin, A. (2003) · Review of Economic Studies · doi:10.1111/1467-937x.00246 · Cited by 6,496
Networks versus markets in international trade
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Beyond Becker: Training in Imperfect Labour Markets
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Do environmental, social, and governance activities improve corporate financial performance?
Xie, J., Nozawa, W., Yagi, M., Fujii, H., & Managi, S. (2019) · Business Strategy and the Environment · doi:10.1002/bse.2224 · Cited by 1,072
The impact of social nudges on user-generated content for social network platforms
Zeng, Z., Dai, H., Zhang, D. J., Zhang, H., Zhang, R., Xu, Z., & Shen, Z.-J. M. (2023) · Management Science · doi:10.1287/mnsc.2022.4622 · Cited by 76
Metadata
- Authors
- Konings, J., & Vanormelingen, S.
- Venue
- Review of Economics and Statistics
- Publisher
- MIT Press - Journals
- Published
- 2015-05
- Volume
- 97
- Issue
- 2
- Pages
- 485-497
- ISSN
- 0034-6535 (ISSN-L)
- 1530-9142
- OpenAlex
- W3125092875
- Cited by
- 293
- References
- 31
- FWCI
- 27.05
- Type
- journal article
- Language
- en
- Open access
- green
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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