کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
972782 | 932681 | 2011 | 11 صفحه PDF | دانلود رایگان |
![عکس صفحه اول مقاله: Market imperfections and firm-sponsored training Market imperfections and firm-sponsored training](/preview/png/972782.png)
Using worker and firm data from Dutch manufacturing, our paper investigates how product market competition and labor market imperfections affect firm-sponsored training. We find that product market competition does not affect the firms' training expenditures. Increasing competition, for instance due to increased international integration and globalization, is not a threat to investments in on-the-job training. Instead, labor market imperfections influence firm-sponsored training. An increase in labor market flexibility significantly reduces the incentives of firms to invest in training. The magnitude of this effect is nevertheless small.
Research highlights
► We empirically study how market imperfections affect firm-sponsored training.
► We exploit firm and worker data from Dutch manufacturing.
► Firm-sponsored training is not affected by product market competition.
► An increase in labor market flexibility reduces firm-sponsored training.
Journal: Labour Economics - Volume 18, Issue 5, October 2011, Pages 712–722