Kazamaki Ottersten, Eugenia; Lindh, Thomas; Mellander, Erik - Institutet för Näringslivsforskning (IFN) - 1996
A quality-adjusted specification of labor is suggested which allows firm training to affect labor efficiency. To assess the cost and productivity effects, this specification is integrated into a flexible neoclassical cost function. The empirical analysis uses panel data for eight plants in the...