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Education, Training and Economic Performance: Evidence from Establishment Survival Data

Abstract  

We consider the links between training, the quality of labor and establishment performance, using an indicator of firm performance,
commercial survival. We place our evidence in the framework of a model in which managers have varying beliefs about the efficacy
of education and training, leading to potential variation in their provision. We find that training and education yield significant
positive effects on firm performance. Moreover, education and training interact positively in their effect on survival.

  • Content Type Journal Article
  • Pages 1-26
  • DOI 10.1007/s12122-011-9116-7
  • Authors
    • William Collier, School of Economics, University of Kent, Canterbury, Kent CT2 7NP, UK
    • Francis Green, Faculty of Policy and Society, Institute of Education, 20 Bedford Way, London, WC1H 0AL UK
    • Young-Bae Kim, Department of Economics, University of Surrey, Guildford, Surrey GU2 7XH, UK
    • John Peirson, School of Economics, University of Kent, Canterbury, Kent CT2 7NP, UK
    • Journal Journal of Labor Research
    • Online ISSN 1936-4768
    • Print ISSN 0195-3613
Posted in: Journal Article Abstracts on 08/10/2011 | Link to this post on IFP |
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