Bassanini, Andrea; Brunello, Giorgio - Institute for the Study of Labor (IZA) - 2007
We develop a theoretical and empirical analysis of the impact of barriers to entry on workplace training. Our … deregulation reduces profits per unit of output, and thereby reduces training. On the other hand, the number of firms increases …, and so does the output gain from training, which facilitates the investment in training. Our numerical simulation shows …