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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....
Persistent link: https://www.econbiz.de/10008528543
The paper contains a thorough review of explanations for the weak British growth performance of the 1950s through the 1970s and an assessment of the long-term implications of the 1980s attempt to escape from relative decline. The analysis draws on recent work in growth theory and places...
Persistent link: https://www.econbiz.de/10005792362
This paper looks at the interplay between human capital and innovation in the presence of climate and educational …-using effect (direct effect). When human capital is an essential input in the production of generic and energy dedicated knowledge … knowledge. A policy mix that combines educational as well as climate objectives offsets the human capital crowding-out with a …
Persistent link: https://www.econbiz.de/10011084481