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 1983-1996 and a variety of estimation techniques we find that...

In diesem Papier werden Ausbildungszertifikate und Diplome als Industrie-Normenverstanden und analysiert, also als Dokumente mit standardisierten Informationen fürdie Akteure in der Wirtschaft. Im ersten Teil wird der vergleichende Analyserahmenentwickelt und die Hypothese über die...

There is a vast empirical literature of the effects of training on wages that are taken as an indirect measure of 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...