The Returns to Apprenticeship Training
AbstractThis paper uses recent data from the UK Labour Force Survey to estimate the wage gains thatindividuals make on average if they complete an apprenticeship programme. The resultssuggest gains of around 5-7% for men, but no benefit for women. Further analysis extendsthe results by considering the returns by age group, by qualification obtained, by highest priorqualification and by industrial sector. A key finding emerging from this further analysis is theimportance of acquiring qualifications with the apprenticeship, at level 3 or above.
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Bibliographic InfoPaper provided by Centre for Economic Performance, LSE in its series CEP Discussion Papers with number dp0622.
Date of creation: Mar 2004
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Web page: http://cep.lse.ac.uk/_new/publications/series.asp?prog=CEP
apprenticeship; wage equations;
Other versions of this item:
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-01-02 (All new papers)
- NEP-BEC-2005-01-02 (Business Economics)
- NEP-LAB-2005-01-02 (Labour Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Hilary Steedman, 2001. "Benchmarking Apprenticeship: UK and Continental Europe Compared," CEP Discussion Papers dp0513, Centre for Economic Performance, LSE.
- Nattavudh Powdthavee & Anna Vignoles, 2006.
"Using Rate of Return Analyses to Understand Sector Skill Needs,"
CEE Discussion Papers
0070, Centre for the Economics of Education, LSE.
- Nattavudh Powdthavee & Anna Vignoles, 2006. "Using rate of return analyses to understand sector skill needs," LSE Research Online Documents on Economics 19408, London School of Economics and Political Science, LSE Library.
- Jim Campbell & Ailsa Mckay & Emily Thomson, 2005. "How 'modern’ is the modern apprenticeship?," Local Economy, Taylor and Francis Journals, vol. 20(3), pages 294-304, August.
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