Who benefits from training and R&D, the firm or the workers?

British Journal of Industrial Relations

Volumn 44, Issue 3, 2006, Pages 473-495

  Ballot, Gérard ^a   Fakhfakh, Fathi ^a   Taymaz, Erol ^b  

^a UNIVERSITÉ PANTHÉON ASSAS   (France)

^b MIDDLE EAST TECHNICAL UNIVERSITY   (Turkey)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 33747156658     PISSN: 00071080     EISSN: 14678543     Source Type: Journal    
DOI: 10.1111/j.1467-8543.2006.00509.x     Document Type: Article

References (62)

1. Abowd, J. M. and Lemieux, T. (1993). 'The effects of product market competition on collective bargaining agreements: the case of foreign competition in Canada'. Quarterly Journal of Economics, 108: 983-1014.
2. Acemoglu, D. and Pischke, J.-S. (1998). 'Why do firms train? Theory and evidence'. Quarterly Journal of Economics, 113: 79-119.
3. _and_(1999a). 'Beyond Becker: training in imperfect labour markets'. Economic Journal, 109: F112-42.
4. _and_(1999b). 'The structure of wages and investment in general training'. Journal of Political Economy, 107: 539-72.
5. Aghion, P. and Howitt, P. (1998). Endogenous Growth Theory. Cambridge, MA: MIT Press.
6. Ahn, S. C. and Schmidt, P. (1995). 'Efficient estimation of models for dynamic panel data'. Journal of Econometrics, 68: 5-28.
7. Albrecht, J. W. et al. (1992), MOSES Data Base, Research Report 40. Stockholm: IUI.
8. Arellano, M. and Bover, O. (1995). 'Another look at the instrumental-variable estimation of error-components models'. Journal of Econometrics, 68: 29-52.
9. Ballot, G. (1994), 'Continuing education and Schumpeterian competition: elements for a theoretical framework', in R. Asplund (ed.), Human Capital in an Economic Perspective, Berlin: Physica Verlag, pp. 160-71.
10. _, Bresson, G., Fakhfakh, F. and Hammoudi, A. (2001). Investissement en capital humain et R&D, formes de l'innovation et exportations, Commissariat Général du Plan, Mars.
11. _, Fakhfakh, F. and Taymaz, E. (1998). 'Formation continue, recherche et développement, et performance des entreprises'. Formation et Emploi, 64: 43-55.
12. _,_and_(2001). 'Firms' human capital, R&D and performance: a study on French and Swedish firms'. Labour Economies, 8: 443-62.
13. Barrett, A. and O'Connell, P. J. (2001). 'Does training generally work? The returns to in-company training'. Industrial and Labor Relations Review, 54: 647-62.
14. Barron, J. M., Berger, M. C. and Black, D. A. (1997). On-the-job training. Kalamazoo, MI: WE. Upjohn Institute for Employment Research.
15. _, Black, D. A. and Loewenstein, M. A. (1989). 'Job matching and on-the-job training'. Journal of Labor Economics, 7: 1-19.
16. Bartel, A. P. (1994). 'Productivity gains from the implementation of employee training programs'. Industrial Relations, 33: 411-25.
17. _(1995). 'Training, wage growth, and job performance: evidence from a company database'. Journal of Labor Economics, 13: 401-25.
18. Becker, G. S. (1964), Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education, New York: Columbia University Press and the NBER.
19. Beret, P. and Dupray, A. (1998), 'Valorisation Salariale de la Formation Continue en France et en Allemagne'. Laboratoire d'Economie et de Sociologie du Travail Working Paper 98/6, Aix-en-Provence Cedex.
20. Bishop, J. H. (1991). 'Employer Training and Skill Shortages: A Review of the State of Knowledge'. Working Paper, Cornell University Center for Advanced Human Resource Studies.
21. _(1996). 'What We Know about Employer-Provided Training: A Review of the Literature'. Working Paper, Cornell University Center for Advanced Human Resources Studies.
22. Black, S. E. and Lynch, L. M. (1996). 'Human-capital investments and productivity'. American Economic Review, Papers and Proceedings, 86: 263-7.
23. Blanchflower, D. G., Oswald, A. J. and Sanfey, P. (1996). 'Wages, profits, and rent-sharing'. Quarterly Journal of Economics, 111: 227-51.
24. Blundell, R. and Bond, S. (1998). 'Initial conditions and moment restrictions in dynamic panel data models'. Journal of Econometrics, 87: 115-45.
25. _and_(2000). 'GMM estimation with persistent panel data: an application to production functions'. Econometric Reviews, 19(3): 321-40.
26. _, Dearden, L., Meghir, C. and Sianesi, B. (1999). 'Human capital investment: the returns from education and training to the individual, the firm and the economy'. Fiscal Studies, 20: 1-23.
27. Boon, M. and van der Eijken, B. (1997), 'Employee Training and Productivity in Dutch Manufacturing Firms'. Paper presented at the Panel Data Econometrics Conference, Paris, June 18-19.
28. Booth, A. L. and Snower, D. (eds.) (1996). Acquiring Skills: Market Failures, their Symptoms, and Policy Responses. Cambridge: Cambridge University Press.
29. Bosworth, B. and Collins, S. M. (2003). The empirics of growth: an update'. Brookings Papers on Economic Activity 2003, No. 2, 113-206.
30. Braunerhjelm, P. and Eliasson, G. (1998). 'Intangible, human embodied capital and firm performance'. In G. Eliasson, C. Green and C. R. McCann (eds.), Microfoundation of Economic Growth: A Schumpeterian Perspective. Ann Arbor: University of Michigan Press, 389-405.
31. Carriou, Y. and Jeger, F. (1997). 'La formation continue dans les entreprises et son retour sur investissement'. Economie et Statistique, 303: 45-58.
32. Conti, G. (2005). 'Training, productivity and wages in Italy'. Labour Economics, 12 (4): 557-76.
33. Dearden, L., Reed, H. and Van Reenen, J. (2000). 'Who Gains When Workers Train? Training and Productivity in a Panel of British Industries'. Working Paper, The Institute for Fiscal Studies.
34. _,_and_(2005). 'The Impact of Training on Productivity and Wages: Evidence from British Panel Data'. Discussion Paper No. 674, Center for Economic Performance.
35. Delame, E. and Kramarz, F. (1997). 'Entreprises et formation continue'. Economie et Statistique, 127: 63-82.
36. Dobbelaere, S. (2003). 'Joint Estimation of Price-Cost Margins and Union Bargaining Power for Belgian Manufacturing'. Working Papers, Ghent University Faculty of Economics and Business Administration.
37. Fougère, D., Goux, D. and Maurin, E. (2001). 'Formation continue et carrières salariales: Une évaluation sur données individuelles'. Annales d'Économie et de Statistique, 62: 49-69.
38. Gauron, A. (2000). Rapport sur la Formation Professionnelle Continue. Conseil d'Analyse Economique.
39. Godard, J. (2004). 'A critical assessment of the high-performance paradigm'. British Journal of Industrial Relations, 42 (2): 349-78.
40. Goux, D. and Maurin, E. (1997). 'Les entreprises, les salariés et la formation continue', Economie et Statistique, 306 (6): 13-26.
41. _and_(2000). 'Returns to firms provided training: evidence from French workers - firm matched data'. Labour Economics, 7: 1-19.
42. Griliches, Z. and Mairesse, J. (1997). 'Production functions: the search for identification'. In S. Strom (ed.), Essays in Honour of Ragnar Frisch, Econometric Society Monograph D Series. Cambridge: Cambridge University Press.
43. Groot, W. (1999). 'Productivity effects of enterprise-related training'. Applied Economics Letters, 6: 369-71.
44. Guest, D. A., Michie, J., Conway, N. and Sheehan, M. (2003). 'Human resource management and corporate finance in the UK'. British Journal of Industrial Relations, 41 (2): 291-314.
45. Hellerstein, J. K. and Neumark, D. (1998). 'Wage discrimination, segregation, and sex differences in wages and productivity within and between plants'. Industrial Relations, 37: 232-60.
46. _,_and Troske, K. R. (1999). 'Wages, productivity, and worker characteristics: evidence from plant-level production functions and wage equations'. Journal of Labor Economics, 17: 409-46.
47. Hildreth, A. K. G. and Oswald, A. J. (1997). 'Rent-sharing and wages: evidence from company and establishment panels'. Journal of Labor Economics, 15: 318-37.
48. Holmlund, B. (1984), Labor Mobility, Studies of Labor Turnover and Migration in the Swedish Labor Market. Stockholm: IUI.
49. Holmström, B. and Milgrom, P. (1994). 'The firm as an incentive system'. American Economic Review, 84 (4): 972-91.
50. Holzer, H. J. (1990). 'The determinants of employee productivity and earnings'. Industrial Relations, 29: 403-22.
51. _, Block, R. N., Cheatham, M. and Knott, J. H. (1993). 'Are training subsidies for firms effective? The Michigan experience'. Industrial and Labor Relations Review, 46: 625-36.
52. Ichniowski, C., Shaw, K. and Prennushi, P. (1997). 'The effects of human resource management practices on productivity: a study of steel finishing lines'. American Economic Review, 87 (3): 291-313.
53. Kazamaki-Ottersten, E., Lindh, T. and Mellander, E. (1999). 'Evaluating firm training, effects on performance and labour demand'. Applied Economic Letters, 6: 431-37.
54. Loewenstein, M. A. and Spletzer, J. R. (1999). 'General and specific training: evidence and application'. Journal of Human Resources, 24: 710-33.
55. Lynch, L. M. (ed.) (1994). Training and the Private Sector. NBER Comparative Labor Market Series. Chicago and London: University of Chicago Press.
56. McDonald, I. M. and Solow, R. (1981). 'Wage bargaining and employment'. American Economic Review, 71: 896-908.
57. Margolis, D. N. and Salvanes, K. G. (2001). 'Do Firms Really Share Their Rents with Their Workers?' Working Paper No. 11/2001, Norwegian School of Economics and Business Administration, Oslo.
58. Regner, H. (1994). 'The Impact of On the Job Training on the Tenure-wage Profile and Job Mobility - Does the Distinction between General and Firm Specific Human Capital Really Matter?' Mimeo, The Swedish Institute for Social Research, Stockholm.
59. Stevens, M. (1994a). 'A theoretical model of on-the-job training with imperfect competition'. Oxford Economic Papers, 46: 537-62.
60. _ (1994b). 'An investment model for the supply of training by employers'. Economic Journal, 104: 556-70.
61. Temple, J. (1999). 'The new growth evidence'. Journal of Economie Literature, 37:112-56.
62. Van Reenen, J. (1996). 'The creation and capture of rents: wages and innovation in a panel of UK companies'. Quarterly Journal of Economics, 111: 195-226.