The Human Capital of Firms and the Formal Training of Workers
The benefits of formal training are numerous, and yet in many regions few firms utilize them. This study builds on the literature by exploring how two forms of human capital—the quality of management practices and the proportion of university educa...
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| Format: | Working Paper |
| Language: | English |
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World Bank, Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099558205102266357/IDU046bd12170e907045c80a166041e937a99762 http://hdl.handle.net/10986/37518 |
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okr-10986-375182022-06-10T05:10:33Z The Human Capital of Firms and the Formal Training of Workers Islam, Asif M. Gatti, Roberta HUMAN CAPITAL INVESTMENT BENEFITS SKILLS DEVELOPMENT ON THE JOB TRAINING VOCATIONAL TRAINING FIRM-LEVEL DATA HR MANAGEMENT PRACTICES MANAGEMENT PRACTICES COMPETITIVENESS WORLD BANK ENTERPRISE SURVEY 2019/2020 LABOR MARKET EDUCATED LABOR SHORTAGE TRAINING FINANCE INVEST IN TRAINING The benefits of formal training are numerous, and yet in many regions few firms utilize them. This study builds on the literature by exploring how two forms of human capital—the quality of management practices and the proportion of university educated employees—influence the adoption of formal training. Using both cross-sectional and panel firm-level data for 29 economies in Eastern Europe and Central Asia and six economies in the Middle East and North Africa, the study finds that firm management practices are positively correlated with the implementation of formal training in Eastern Europe and Central Asia but not in the Middle East and North Africa. The proportion of university educated workers is positively correlated with formal training in both regions, but the finding is more robust for the Middle East and North Africa. These findings imply significant heterogeneity across regions in the determinants of formal training, suggesting that policies should be context specific. 2022-06-09T22:34:49Z 2022-06-09T22:34:49Z 2022-06 Working Paper http://documents.worldbank.org/curated/en/099558205102266357/IDU046bd12170e907045c80a166041e937a99762 http://hdl.handle.net/10986/37518 English Policy Research Working Papers;10063 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Policy Research Working Paper Publications & Research Middle East and North Africa |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
HUMAN CAPITAL INVESTMENT BENEFITS SKILLS DEVELOPMENT ON THE JOB TRAINING VOCATIONAL TRAINING FIRM-LEVEL DATA HR MANAGEMENT PRACTICES MANAGEMENT PRACTICES COMPETITIVENESS WORLD BANK ENTERPRISE SURVEY 2019/2020 LABOR MARKET EDUCATED LABOR SHORTAGE TRAINING FINANCE INVEST IN TRAINING |
| spellingShingle |
HUMAN CAPITAL INVESTMENT BENEFITS SKILLS DEVELOPMENT ON THE JOB TRAINING VOCATIONAL TRAINING FIRM-LEVEL DATA HR MANAGEMENT PRACTICES MANAGEMENT PRACTICES COMPETITIVENESS WORLD BANK ENTERPRISE SURVEY 2019/2020 LABOR MARKET EDUCATED LABOR SHORTAGE TRAINING FINANCE INVEST IN TRAINING Islam, Asif M. Gatti, Roberta The Human Capital of Firms and the Formal Training of Workers |
| geographic_facet |
Middle East and North Africa |
| relation |
Policy Research Working Papers;10063 |
| description |
The benefits of formal training are
numerous, and yet in many regions few firms utilize them.
This study builds on the literature by exploring how two
forms of human capital—the quality of management practices
and the proportion of university educated
employees—influence the adoption of formal training. Using
both cross-sectional and panel firm-level data for 29
economies in Eastern Europe and Central Asia and six
economies in the Middle East and North Africa, the study
finds that firm management practices are positively
correlated with the implementation of formal training in
Eastern Europe and Central Asia but not in the Middle East
and North Africa. The proportion of university educated
workers is positively correlated with formal training in
both regions, but the finding is more robust for the Middle
East and North Africa. These findings imply significant
heterogeneity across regions in the determinants of formal
training, suggesting that policies should be context specific. |
| format |
Working Paper |
| author |
Islam, Asif M. Gatti, Roberta |
| author_facet |
Islam, Asif M. Gatti, Roberta |
| author_sort |
Islam, Asif M. |
| title |
The Human Capital of Firms and the Formal Training of Workers |
| title_short |
The Human Capital of Firms and the Formal Training of Workers |
| title_full |
The Human Capital of Firms and the Formal Training of Workers |
| title_fullStr |
The Human Capital of Firms and the Formal Training of Workers |
| title_full_unstemmed |
The Human Capital of Firms and the Formal Training of Workers |
| title_sort |
human capital of firms and the formal training of workers |
| publisher |
World Bank, Washington, DC |
| publishDate |
2022 |
| url |
http://documents.worldbank.org/curated/en/099558205102266357/IDU046bd12170e907045c80a166041e937a99762 http://hdl.handle.net/10986/37518 |
| _version_ |
1764487381280358400 |