The Effect of Learning by Hiring on Productivity
This work studies the phenomenon of inter- rm labor mobility as potential channel of knowledge transfer. Using data from the Danish employer-employee register, covering the period 1995-2005, it investigates how the knowledge embed- ded into recruited workers, coming from other rms, contributes to the process of knowledge di usion and boosts rms productivity. Speci cally, estimating both parametric (Cobb-Douglas) and semi-parametric production functions (Olley and Pakes, 1996; Levinsohn and Petrin, 2003), the impact of recruited technicians and highly educated workers on total factor productivity at the rm level is found to be signi cantly positive. A matching analysis, which allows for contin- uous treatment e ect evaluation (Hirano and Imbens, 2004), corroborates this nding.
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| Length: | 55 pages |
| Date of creation: | 22 Jul 2009 |
| Date of revision: | |
| Handle: | RePEc:hhs:aareco:2009_011 |
| Contact details of provider: | Postal: Phone: +45 89 486396 Fax: +45 8615 5175 Web page: http://www.asb.dk/departments/nat.aspx More information through EDIRC
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