Workforce ageing and the training propensity of Italian firms: cross-sectional evidence from the INDACO survey
AbstractIn this paper, I provide a probit analysis in which the propensity of private Italian firms to offer on-the-job training is linked to the age and the gender of the employed workforce as well as to a set of relevant corporate characteristics such as size, sector, geographical location, innovation strategies, R&D investments and the use of social safety valves. Retrieving cross-sectional data from INDACO 2009, I find that the propensity of surveyed firms towards training provision follows an inverted u-shaped pattern with respect to the average age of incumbent workers. Furthermore, I show that larger firms are more willing to offer training and the same attitude holds for productive units that adopted innovation strategies and/or invested in R&D projects. By contrast, I find that the propensity to support training activities is negatively correlated to the percentage of employed women and the use of social valves.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 56826.
Date of creation: 20 Jun 2014
Date of revision:
Ageing; Older workers; Vocational training; Human capital; Labour turnover; Probit model; INDACO.;
Find related papers by JEL classification:
- J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
- 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-AGE-2014-06-28 (Economics of Ageing)
- NEP-ALL-2014-06-28 (All new papers)
- NEP-EUR-2014-06-28 (Microeconomic European Issues)
- NEP-HRM-2014-06-28 (Human Capital & Human Resource Management)
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