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Is there under-provision of training?

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Is there under-provision of training? / Brunello, Giorgio; De Paola, Maria.
In: Empirical Research in Vocational Education and Training, Vol. 1, No. 1, 03.2009, p. 1-18.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Brunello, G & De Paola, M 2009, 'Is there under-provision of training?', Empirical Research in Vocational Education and Training, vol. 1, no. 1, pp. 1-18. <http://ervet.ch/seiten/abstracts/v1_2009/v1_issue1/article1.html>

APA

Brunello, G., & De Paola, M. (2009). Is there under-provision of training? Empirical Research in Vocational Education and Training, 1(1), 1-18. http://ervet.ch/seiten/abstracts/v1_2009/v1_issue1/article1.html

Vancouver

Brunello G, De Paola M. Is there under-provision of training? Empirical Research in Vocational Education and Training. 2009 Mar;1(1):1-18.

Author

Brunello, Giorgio ; De Paola, Maria. / Is there under-provision of training?. In: Empirical Research in Vocational Education and Training. 2009 ; Vol. 1, No. 1. pp. 1-18.

Bibtex

@article{fbe5154d1fbe4db1a1bb5e5c91cbf82f,
title = "Is there under-provision of training?",
abstract = "This paper reviews both the theoretical underpinnings and the empirical evidence in support of the under-provision of general training. In spite of many theoretical reasons for the realization of inefficient levels of training, it is difficult to find convincing empirical evidence. Taking as a starting point the large empirical literature showing that employers provide and pay for general training, we argue that, if firms invest in general training, important evidence on under-provision can be obtained by looking at the relationship between investment in training and turnover. Using the 7 waves (1995-2001) of the European Community Household Panel (ECHP) for 12 European countries, we find a negative but not statistically significant relationship between training and turnover. We conclude that, at the current state of the knowledge, it is difficult to justify training policies widespread in many European countries using efficiency arguments.",
author = "Giorgio Brunello and {De Paola}, Maria",
year = "2009",
month = mar,
language = "English",
volume = "1",
pages = "1--18",
journal = "Empirical Research in Vocational Education and Training",
issn = "1877-6337",
publisher = "Springer Science + Business Media",
number = "1",

}

RIS

TY - JOUR

T1 - Is there under-provision of training?

AU - Brunello, Giorgio

AU - De Paola, Maria

PY - 2009/3

Y1 - 2009/3

N2 - This paper reviews both the theoretical underpinnings and the empirical evidence in support of the under-provision of general training. In spite of many theoretical reasons for the realization of inefficient levels of training, it is difficult to find convincing empirical evidence. Taking as a starting point the large empirical literature showing that employers provide and pay for general training, we argue that, if firms invest in general training, important evidence on under-provision can be obtained by looking at the relationship between investment in training and turnover. Using the 7 waves (1995-2001) of the European Community Household Panel (ECHP) for 12 European countries, we find a negative but not statistically significant relationship between training and turnover. We conclude that, at the current state of the knowledge, it is difficult to justify training policies widespread in many European countries using efficiency arguments.

AB - This paper reviews both the theoretical underpinnings and the empirical evidence in support of the under-provision of general training. In spite of many theoretical reasons for the realization of inefficient levels of training, it is difficult to find convincing empirical evidence. Taking as a starting point the large empirical literature showing that employers provide and pay for general training, we argue that, if firms invest in general training, important evidence on under-provision can be obtained by looking at the relationship between investment in training and turnover. Using the 7 waves (1995-2001) of the European Community Household Panel (ECHP) for 12 European countries, we find a negative but not statistically significant relationship between training and turnover. We conclude that, at the current state of the knowledge, it is difficult to justify training policies widespread in many European countries using efficiency arguments.

M3 - Journal article

VL - 1

SP - 1

EP - 18

JO - Empirical Research in Vocational Education and Training

JF - Empirical Research in Vocational Education and Training

SN - 1877-6337

IS - 1

ER -