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Who gains when workers train? Training and corporate productivity in a panel of British industries

Dearden, Lorraine; Reed, Howard; Van Reenen, John - 2000

productivity. This paper is part of a smaller literature on the effects of training on direct measures of industrial productivity …. We analyse a panel of British industries between 1983 and 1996. Training information (and other individual productivity … use a variety of panel data techniques (including system GMM) to argue that training significantly boosts productivity …

Persistent link: https://www.econbiz.de/10010330311

From State to Market: A Survey of Empirical Studies on Privatization

Megginson, William L.; Netter, Jeffry M. - 1999

This study surveys the academic and professional literature examining the privatisation of state-owned enterprises (SOEs), with a focus on empirical studies. Privatisation has been instrumental in reducing state ownership in many countries and had a transforming effect on global stock markets,...

Persistent link: https://www.econbiz.de/10011608465

Regulatory independence and political interference: evidence from EU mixed-ownership utilities' investment and debt

Cambini, Carlo; Rondi, Laura - 2010

This paper examines the investment and financial decisions of a sample of 92 EU regulated utilities, taking into account key institutional features of EU public utilities, such as: a) regulation by agencies with various degrees of independence; b) partial ownership of the state in the regulated...

Persistent link: https://www.econbiz.de/10010272479

Capital Structure and Regulation: Does Ownership Matter?

Cambini, Carlo; Bortolotti, Bernardo; Rondi, Laura; … - 2007

We construct a comprehensive panel data of 96 publicly traded European utilities over the period 1994-2005 in order to study the relationship between the capital structure of regulated firms, regulated prices, and investments, and examine if and how this interaction is affected by ownership...

Persistent link: https://www.econbiz.de/10010312393

Entry on export markets and firm-level performance growth: intra-industrial convergence or divergence?

Mayneris, Florian - 2010

switchers), initial productivity and investment are strategic complements, inducing intra-industrial divergence. On the contrary …, when preferences are quadratic, initial productivity and investment are strategic substitutes: less productive firms invest …

Persistent link: https://www.econbiz.de/10010272453

Can education compensate low ability? Evidence from british data

Denny, Kevin; O'Sullivan, Vincent - 2004

This paper uses cross section data to investigate whether the returns to education vary with the level of ability. Using a measure of cognitive ability based on tests taken at ages 7 and 11 we find, unlike most of the existing literature, clear evidence that the return to schooling is lower for...

Persistent link: https://www.econbiz.de/10010292976

Educational reform, ability and family background

Meghir, Costas; Palme, Mårten - 2004

In this paper we evaluate the impact of a major school reform, that took place in the 1950s in Sweden, on educational attainment and earnings. The reform, which has many common elements with reforms in other European countries including the UK, consisted of increasing compulsor schooling,...

Persistent link: https://www.econbiz.de/10010293084

The Impact of Education and Training on the Labour Market Experiences of Young Adults

Denny, Kevin; Harmon, Colm - 2000

This paper uses pooled cross-section data on recent school leavers in Ireland to model the determinants of labour market status and wages for young adults. Firstly we use a multinomial logit model to analyze whether individuals exit school to employment, unemployment or higher education. Family...

Persistent link: https://www.econbiz.de/10010330363

The economic returns to schooling for Italians: An evaluation based on instrumental variables

Brunello, Giorgio; Miniaci, Raffaele - 1998

We study the relationship between (log) current earnings and educational levels in Italy. In line with other international evidence, we find that OLS under-estimate the marginal return to additional education. When the endogeneity of educational choice is taken into account, the marginal return...

Persistent link: https://www.econbiz.de/10011608375

The returns to education in Italy: A new look at the evidence

Brunello, Giorgio; Comi, Simona; Lucifora, Claudio - 1999

The purpose of this paper is to provide an update of the empirical evidence on the private returns to education in Italy. First, we show that, whilst returns to education in Italy (based on gross wages) are in line with the European average, educational attainment is generally much lower...

Persistent link: https://www.econbiz.de/10011608564