Estimating Cross-Country Investment in Training: An Experimental Methodology Using PIAAC Data
The present work proposes a novel methodology for the measurement of investment in human capital in the form of training. Differently from existing studies, the expenditures-based approach pursued encompasses investment in formal and on-the-job training, as well as in informal learning and yields es...
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| Weitere Verfasser: | , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2015
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| Schriftenreihe: | OECD Science, Technology and Industry Working Papers
no.2015/09 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | The present work proposes a novel methodology for the measurement of investment in human capital in the form of training. Differently from existing studies, the expenditures-based approach pursued encompasses investment in formal and on-the-job training, as well as in informal learning and yields estimates that account for both the opportunity and the direct cost of the different forms of training considered. Using a wide array of data sources, including new and rich individual-level data collected through the OECD Programme for the International Assessment of Adult Competencies (PIAAC) survey as well as Labour Force Surveys (LFS) and System of National Accounts (SNA) data, the study proposes estimates of investment in training for the years 2011-2012. These cover 22 OECD countries and are provided at both the economy and industry levels. Estimates suggest that average total investment in training corresponds to 6.7% of gross value added (GVA), with investment in on-the-job training (amounting to 2.4% of GVA, on average) that are substantially in line with those of previous literature. Wide sector and country heterogeneity in the relative importance of investment in formal and on-the-job and informal learning also emerge. On average, production appears more intensive in on-the-job training (relative to other training types) than overall services, but not relative to business services only. Public-oriented services such as education and health services invest a greater (smaller) proportion of total training expenditure in formal (on-the-job) training than other sectors and the overall economy. |
| Beschreibung: | 1 Online-Ressource (63 p.) 21 x 29.7cm. |
| DOI: | 10.1787/5jrs3sftp8nw-en |
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| 520 | |a The present work proposes a novel methodology for the measurement of investment in human capital in the form of training. Differently from existing studies, the expenditures-based approach pursued encompasses investment in formal and on-the-job training, as well as in informal learning and yields estimates that account for both the opportunity and the direct cost of the different forms of training considered. Using a wide array of data sources, including new and rich individual-level data collected through the OECD Programme for the International Assessment of Adult Competencies (PIAAC) survey as well as Labour Force Surveys (LFS) and System of National Accounts (SNA) data, the study proposes estimates of investment in training for the years 2011-2012. These cover 22 OECD countries and are provided at both the economy and industry levels. Estimates suggest that average total investment in training corresponds to 6.7% of gross value added (GVA), with investment in on-the-job training (amounting to 2.4% of GVA, on average) that are substantially in line with those of previous literature. Wide sector and country heterogeneity in the relative importance of investment in formal and on-the-job and informal learning also emerge. On average, production appears more intensive in on-the-job training (relative to other training types) than overall services, but not relative to business services only. Public-oriented services such as education and health services invest a greater (smaller) proportion of total training expenditure in formal (on-the-job) training than other sectors and the overall economy. | ||
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| spelling | Squicciarini, Mariagrazia VerfasserIn aut Estimating Cross-Country Investment in Training An Experimental Methodology Using PIAAC Data Mariagrazia, Squicciarini, Luca, Marcolin and Peter, Horvát Paris OECD Publishing 2015 1 Online-Ressource (63 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Science, Technology and Industry Working Papers no.2015/09 The present work proposes a novel methodology for the measurement of investment in human capital in the form of training. Differently from existing studies, the expenditures-based approach pursued encompasses investment in formal and on-the-job training, as well as in informal learning and yields estimates that account for both the opportunity and the direct cost of the different forms of training considered. Using a wide array of data sources, including new and rich individual-level data collected through the OECD Programme for the International Assessment of Adult Competencies (PIAAC) survey as well as Labour Force Surveys (LFS) and System of National Accounts (SNA) data, the study proposes estimates of investment in training for the years 2011-2012. These cover 22 OECD countries and are provided at both the economy and industry levels. Estimates suggest that average total investment in training corresponds to 6.7% of gross value added (GVA), with investment in on-the-job training (amounting to 2.4% of GVA, on average) that are substantially in line with those of previous literature. Wide sector and country heterogeneity in the relative importance of investment in formal and on-the-job and informal learning also emerge. On average, production appears more intensive in on-the-job training (relative to other training types) than overall services, but not relative to business services only. Public-oriented services such as education and health services invest a greater (smaller) proportion of total training expenditure in formal (on-the-job) training than other sectors and the overall economy. Science and Technology Marcolin, Luca MitwirkendeR ctb Horvát, Peter MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5jrs3sftp8nw-en Volltext |
| spellingShingle | Squicciarini, Mariagrazia Estimating Cross-Country Investment in Training An Experimental Methodology Using PIAAC Data Science and Technology |
| title | Estimating Cross-Country Investment in Training An Experimental Methodology Using PIAAC Data |
| title_auth | Estimating Cross-Country Investment in Training An Experimental Methodology Using PIAAC Data |
| title_exact_search | Estimating Cross-Country Investment in Training An Experimental Methodology Using PIAAC Data |
| title_full | Estimating Cross-Country Investment in Training An Experimental Methodology Using PIAAC Data Mariagrazia, Squicciarini, Luca, Marcolin and Peter, Horvát |
| title_fullStr | Estimating Cross-Country Investment in Training An Experimental Methodology Using PIAAC Data Mariagrazia, Squicciarini, Luca, Marcolin and Peter, Horvát |
| title_full_unstemmed | Estimating Cross-Country Investment in Training An Experimental Methodology Using PIAAC Data Mariagrazia, Squicciarini, Luca, Marcolin and Peter, Horvát |
| title_short | Estimating Cross-Country Investment in Training |
| title_sort | estimating cross country investment in training an experimental methodology using piaac data |
| title_sub | An Experimental Methodology Using PIAAC Data |
| topic | Science and Technology |
| topic_facet | Science and Technology |
| url | https://doi.org/10.1787/5jrs3sftp8nw-en |
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