Citation

Discussion Paper Details

Please find the details for DP1879 in an easy to copy and paste format below:

Full Details   |   Bibliographic Reference

Full Details

Title: Does Training Generally Work? The Returns to In-Company Training

Author(s): Alan Barrett

Publication Date: June 1998

Keyword(s): General Training, in-company training and specific training

Programme Area(s): Human Resources

Abstract: This paper applies the familiar theoretical distinction between general and specific training to the empirical task of estimating the returns to in-company training. Given the theoretical prediction that employees who receive general training are more likely to quit, the productivity effects of general training should be lower than those of specific training. Using a firm-level dataset which distinguishes between general and specific training, we test for the relative effects of the two types of training on productivity growth. We find, contrary to expectations, that although general training has a statistically positive effect on productivity growth, no such effect is observable for specific training. This positive effect of general training remains when we control for changes in work organization and corporate restructuring. Moreover, the impact of general training varies positively with the level of capital investment.

For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=1879

Bibliographic Reference

Barrett, A. 1998. 'Does Training Generally Work? The Returns to In-Company Training'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=1879