Employee training and firm performance: Evidence from ESF grant applications
As work changes, firm-provided training may become more relevant. However, there is little causal evidence about the effects of training on firms. This paper studies a large training grants programme in Portugal, supported by the European Social Fund, contrasting firms that received the grants and f...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2021
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| Schriftenreihe: | OECD Productivity Working Papers
no.23 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | As work changes, firm-provided training may become more relevant. However, there is little causal evidence about the effects of training on firms. This paper studies a large training grants programme in Portugal, supported by the European Social Fund, contrasting firms that received the grants and firms that also applied but were unsuccessful. Combining several rich data sets, we compare many potential outcomes of these firms, while following them over several years both before and after the grant decision. Our difference-in-differences models estimate significant positive effects on take up (training hours and expenditure), with limited deadweight; and that such additional training led to increased sales, value added, employment, productivity, and exports (although not profits). These effects tend to be of at least 5% and, in some cases, 10% or more, and are robust in multiple dimensions. |
| Beschreibung: | 1 Online-Ressource (72 p.) |
| DOI: | 10.1787/dbbafcc4-en |
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| spelling | Martins, Pedro S... VerfasserIn aut Employee training and firm performance Evidence from ESF grant applications Pedro S., Martins Paris OECD Publishing 2021 1 Online-Ressource (72 p.) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Productivity Working Papers no.23 As work changes, firm-provided training may become more relevant. However, there is little causal evidence about the effects of training on firms. This paper studies a large training grants programme in Portugal, supported by the European Social Fund, contrasting firms that received the grants and firms that also applied but were unsuccessful. Combining several rich data sets, we compare many potential outcomes of these firms, while following them over several years both before and after the grant decision. Our difference-in-differences models estimate significant positive effects on take up (training hours and expenditure), with limited deadweight; and that such additional training led to increased sales, value added, employment, productivity, and exports (although not profits). These effects tend to be of at least 5% and, in some cases, 10% or more, and are robust in multiple dimensions. Science and Technology Economics FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/dbbafcc4-en Volltext |
| spellingShingle | Martins, Pedro S.. Employee training and firm performance Evidence from ESF grant applications Science and Technology Economics |
| title | Employee training and firm performance Evidence from ESF grant applications |
| title_auth | Employee training and firm performance Evidence from ESF grant applications |
| title_exact_search | Employee training and firm performance Evidence from ESF grant applications |
| title_full | Employee training and firm performance Evidence from ESF grant applications Pedro S., Martins |
| title_fullStr | Employee training and firm performance Evidence from ESF grant applications Pedro S., Martins |
| title_full_unstemmed | Employee training and firm performance Evidence from ESF grant applications Pedro S., Martins |
| title_short | Employee training and firm performance |
| title_sort | employee training and firm performance evidence from esf grant applications |
| title_sub | Evidence from ESF grant applications |
| topic | Science and Technology Economics |
| topic_facet | Science and Technology Economics |
| url | https://doi.org/10.1787/dbbafcc4-en |
| work_keys_str_mv | AT martinspedros employeetrainingandfirmperformanceevidencefromesfgrantapplications |