Les rendements de la formation en entreprise
This article studies the impact of firm-sponsored training on productivity. The data used are taken from the Wo r k p l a c e and Employee Survey (WES) of Statistics Canada (19992002). The impact of training on productivity is measured by estimating a Cobb-Douglas production function, where investment in human capital is treated as a production input. Our methodology is distinguished from that used in earlier studies by the fact that we model the firm's decision to offer training or not as well as the effect of training on productivity, which allows us to take into account the selection bias associated with training decisions. Our results permit us to conclude that training designated as "formal" provides higher productivity gains than training regarded as informal. We note also that failure to account for selection bias results in an overestimation of the effects of formal and informal training on the productivity of firms.
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Volume (Year): 33 (2007)
Issue (Month): 1 (March)
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References listed on IDEAS
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