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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
microeconometric literature on R&D and productivity, and the empirical literature on productivity convergence. Starting from a … reduced-form equation for Total Factor Productivity (TFP) growth that is commonly used in the empirical literature. We allow a … underestimate R&D's social rate of return and provides an explanation for long-run productivity levels at the industry level. …
Persistent link: https://www.econbiz.de/10010292991
It is standard in the literature on training to use wages as a sufficient statistic for productivity. This paper … examines the effects of work-related training on direct measures of productivity. Using a new panel of British industries 1983 … productivity. A one percentage point increase in training is associated with an increase in value added per hour of about 0.6% and …
Persistent link: https://www.econbiz.de/10010292946
' hypothesis that foreign research labs located on US soil tap into US R&D spillovers and improve home country productivity. Using … firmsÒ Total Factor Productivity would have been at least 5% lower in 2000 (about $14bn) in the absence of the US R&D growth …
Persistent link: https://www.econbiz.de/10010293047
studies as a whole, there is compelling evidence that human capital increases productivity. Although there is an important …
Persistent link: https://www.econbiz.de/10010293048
This paper is an evaluation of the British labor market program the New Deal for the Young Unemployed using administrative panel data on individuals between 1982 and 1999. This mandatory program involves extensive job assistance followed by various other options, including wage subsidies. We...
Persistent link: https://www.econbiz.de/10010292925
The British New Deal for Young People began in January 1998. After 6 months of unemployment, 18-24 year olds enter a 'Gateway' period where they are given extensive job search assistance. If they are unable to obtain an unsubsidised job, then they can enter one of four New Deal options. One of...
Persistent link: https://www.econbiz.de/10010292996