Investment in Job Training : Why Are SMEs Lagging So Much Behind?

This paper analyzes the link between firm size and investment in job training by employers. Using a large firm level data set across 99 developing countries, the analysis shows that a strong and positive correlation in investment in job training an...

Full description

Bibliographic Details
Main Authors:	Almeida, Rita K., Aterido, Reyes
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	ACCESS TO CAPITAL ACCESS TO INFORMATION ACCOUNTING ACQUISITION OF SKILLS AGE COHORT AGGREGATE GROWTH BUSINESS ENVIRONMENT CAPITAL LABOR RATIO CONTRACT ENFORCEMENT DEVELOPMENT ECONOMICS ECONOMIC BENEFITS ECONOMIC EFFICIENCY ECONOMIC GROWTH EDUCATED WORKERS EDUCATION TECHNOLOGY EDUCATIONAL ATTAINMENT EMPLOYEE EMPLOYMENT EMPLOYMENT GROWTH ENTERPRISE DEVELOPMENT EXOGENOUS VARIABLE EXTERNALITIES FINANCIAL INSTITUTIONS FIRM GROWTH FIRM LEVEL FIRM PERFORMANCE FIRM PRODUCTIVITY FIRM SIZE FIRM SIZE DISTRIBUTION FIRM SIZES FIRM SURVEYS FIRM TURNOVER FIRMS FOREIGN OWNERSHIP FORMAL TRAINING HIGH-TECH FIRMS HUMAN CAPITAL HUMAN DEVELOPMENT INCOME INFORMAL SECTOR INFORMAL TRAINING INTERVENTIONS JOB CREATION JOB TRAINING JOB TURNOVER KNOWLEDGE ECONOMY LABOR ECONOMICS LABOR INTENSITY LABOR MARKETS LABOR PRODUCTIVITY LABOR REGULATIONS LABOR RELATIONS LABOR TURNOVER LABOUR LABOUR MARKET LEARNING LEASING LEVEL OF EDUCATION LICENSING MARGINAL COSTS MARKET FAILURES MEDIUM ENTERPRISE MEDIUM ENTERPRISES MOTIVATION ON-THE-JOB TRAINING PARTY PERFORMANCE INDICATORS PERMANENT WORKERS PRESENT VALUE PREVIOUS WORK PRIVATE SECTOR PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS RENTS SCHOOLING SKILLED WORKERS SKILLED WORKFORCE SKILLS DEVELOPMENT SMALL FIRMS SME SME DEVELOPMENT SME POLICIES SME POLICY SME SECTOR TEACHING TECHNOLOGICAL INNOVATION TECHNOLOGICAL INNOVATIONS TEMPORARY WORKERS TOTAL FACTOR PRODUCTIVITY TRADE UNIONS TRAINED WORKERS TRAINING CENTERS TRAINING CONTENT TRAINING COSTS TRAINING FIRMS TRAINING INTENSITIES TRAINING INTENSITY TRAINING MATERIALS TRAINING OPPORTUNITIES TRAINING POLICY TRAINING PROGRAM TRAINING PROGRAMS TRAINING SCHEMES TRAINING TYPE UNEMPLOYED UNSKILLED WORKERS VOCATIONAL EDUCATION VOCATIONAL TRAINING WAGE STRUCTURE WAGES WORKER WORKING CAPITAL YOUTH
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100719135753 http://hdl.handle.net/10986/3842

id	okr-10986-3842
recordtype	oai_dc
spelling	okr-10986-38422021-04-23T14:02:13Z Investment in Job Training : Why Are SMEs Lagging So Much Behind? Almeida, Rita K. Aterido, Reyes ACCESS TO CAPITAL ACCESS TO INFORMATION ACCOUNTING ACQUISITION OF SKILLS AGE COHORT AGGREGATE GROWTH BUSINESS ENVIRONMENT CAPITAL LABOR RATIO CONTRACT ENFORCEMENT DEVELOPMENT ECONOMICS ECONOMIC BENEFITS ECONOMIC EFFICIENCY ECONOMIC GROWTH EDUCATED WORKERS EDUCATION TECHNOLOGY EDUCATIONAL ATTAINMENT EMPLOYEE EMPLOYMENT EMPLOYMENT GROWTH ENTERPRISE DEVELOPMENT EXOGENOUS VARIABLE EXTERNALITIES FINANCIAL INSTITUTIONS FIRM GROWTH FIRM LEVEL FIRM PERFORMANCE FIRM PRODUCTIVITY FIRM SIZE FIRM SIZE DISTRIBUTION FIRM SIZES FIRM SURVEYS FIRM TURNOVER FIRMS FOREIGN OWNERSHIP FORMAL TRAINING HIGH-TECH FIRMS HUMAN CAPITAL HUMAN DEVELOPMENT INCOME INFORMAL SECTOR INFORMAL TRAINING INTERVENTIONS JOB CREATION JOB TRAINING JOB TURNOVER KNOWLEDGE ECONOMY LABOR ECONOMICS LABOR INTENSITY LABOR MARKETS LABOR PRODUCTIVITY LABOR REGULATIONS LABOR RELATIONS LABOR TURNOVER LABOUR LABOUR MARKET LEARNING LEASING LEVEL OF EDUCATION LICENSING MARGINAL COSTS MARKET FAILURES MEDIUM ENTERPRISE MEDIUM ENTERPRISES MOTIVATION ON-THE-JOB TRAINING PARTY PERFORMANCE INDICATORS PERMANENT WORKERS PRESENT VALUE PREVIOUS WORK PRIVATE SECTOR PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS RENTS SCHOOLING SKILLED WORKERS SKILLED WORKFORCE SKILLS DEVELOPMENT SMALL FIRMS SME SME DEVELOPMENT SME POLICIES SME POLICY SME SECTOR TEACHING TECHNOLOGICAL INNOVATION TECHNOLOGICAL INNOVATIONS TEMPORARY WORKERS TOTAL FACTOR PRODUCTIVITY TRADE UNIONS TRAINED WORKERS TRAINING CENTERS TRAINING CONTENT TRAINING COSTS TRAINING FIRMS TRAINING INTENSITIES TRAINING INTENSITY TRAINING MATERIALS TRAINING OPPORTUNITIES TRAINING POLICY TRAINING PROGRAM TRAINING PROGRAMS TRAINING SCHEMES TRAINING TYPE UNEMPLOYED UNSKILLED WORKERS VOCATIONAL EDUCATION VOCATIONAL TRAINING WAGE STRUCTURE WAGES WORKER WORKING CAPITAL YOUTH This paper analyzes the link between firm size and investment in job training by employers. Using a large firm level data set across 99 developing countries, the analysis shows that a strong and positive correlation in investment in job training and firm size is a robust statistical finding both within and across countries with very different institutions and level of development. However, the findings do not support the view that this difference is mostly driven by market imperfections disproportionally affecting small and medium enterprises. Rather, the evidence is supportive of small and medium enterprises having a smaller expected return from the investment in job training than larger firms. Therefore, the findings call for caution when designing pro-small and medium enterprises policies fostering investment in on-the-job training. 2012-03-19T18:40:47Z 2012-03-19T18:40:47Z 2010-07-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100719135753 http://hdl.handle.net/10986/3842 English Policy Research working paper ; no. WPS 5358 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ACCESS TO CAPITAL ACCESS TO INFORMATION ACCOUNTING ACQUISITION OF SKILLS AGE COHORT AGGREGATE GROWTH BUSINESS ENVIRONMENT CAPITAL LABOR RATIO CONTRACT ENFORCEMENT DEVELOPMENT ECONOMICS ECONOMIC BENEFITS ECONOMIC EFFICIENCY ECONOMIC GROWTH EDUCATED WORKERS EDUCATION TECHNOLOGY EDUCATIONAL ATTAINMENT EMPLOYEE EMPLOYMENT EMPLOYMENT GROWTH ENTERPRISE DEVELOPMENT EXOGENOUS VARIABLE EXTERNALITIES FINANCIAL INSTITUTIONS FIRM GROWTH FIRM LEVEL FIRM PERFORMANCE FIRM PRODUCTIVITY FIRM SIZE FIRM SIZE DISTRIBUTION FIRM SIZES FIRM SURVEYS FIRM TURNOVER FIRMS FOREIGN OWNERSHIP FORMAL TRAINING HIGH-TECH FIRMS HUMAN CAPITAL HUMAN DEVELOPMENT INCOME INFORMAL SECTOR INFORMAL TRAINING INTERVENTIONS JOB CREATION JOB TRAINING JOB TURNOVER KNOWLEDGE ECONOMY LABOR ECONOMICS LABOR INTENSITY LABOR MARKETS LABOR PRODUCTIVITY LABOR REGULATIONS LABOR RELATIONS LABOR TURNOVER LABOUR LABOUR MARKET LEARNING LEASING LEVEL OF EDUCATION LICENSING MARGINAL COSTS MARKET FAILURES MEDIUM ENTERPRISE MEDIUM ENTERPRISES MOTIVATION ON-THE-JOB TRAINING PARTY PERFORMANCE INDICATORS PERMANENT WORKERS PRESENT VALUE PREVIOUS WORK PRIVATE SECTOR PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS RENTS SCHOOLING SKILLED WORKERS SKILLED WORKFORCE SKILLS DEVELOPMENT SMALL FIRMS SME SME DEVELOPMENT SME POLICIES SME POLICY SME SECTOR TEACHING TECHNOLOGICAL INNOVATION TECHNOLOGICAL INNOVATIONS TEMPORARY WORKERS TOTAL FACTOR PRODUCTIVITY TRADE UNIONS TRAINED WORKERS TRAINING CENTERS TRAINING CONTENT TRAINING COSTS TRAINING FIRMS TRAINING INTENSITIES TRAINING INTENSITY TRAINING MATERIALS TRAINING OPPORTUNITIES TRAINING POLICY TRAINING PROGRAM TRAINING PROGRAMS TRAINING SCHEMES TRAINING TYPE UNEMPLOYED UNSKILLED WORKERS VOCATIONAL EDUCATION VOCATIONAL TRAINING WAGE STRUCTURE WAGES WORKER WORKING CAPITAL YOUTH
spellingShingle	ACCESS TO CAPITAL ACCESS TO INFORMATION ACCOUNTING ACQUISITION OF SKILLS AGE COHORT AGGREGATE GROWTH BUSINESS ENVIRONMENT CAPITAL LABOR RATIO CONTRACT ENFORCEMENT DEVELOPMENT ECONOMICS ECONOMIC BENEFITS ECONOMIC EFFICIENCY ECONOMIC GROWTH EDUCATED WORKERS EDUCATION TECHNOLOGY EDUCATIONAL ATTAINMENT EMPLOYEE EMPLOYMENT EMPLOYMENT GROWTH ENTERPRISE DEVELOPMENT EXOGENOUS VARIABLE EXTERNALITIES FINANCIAL INSTITUTIONS FIRM GROWTH FIRM LEVEL FIRM PERFORMANCE FIRM PRODUCTIVITY FIRM SIZE FIRM SIZE DISTRIBUTION FIRM SIZES FIRM SURVEYS FIRM TURNOVER FIRMS FOREIGN OWNERSHIP FORMAL TRAINING HIGH-TECH FIRMS HUMAN CAPITAL HUMAN DEVELOPMENT INCOME INFORMAL SECTOR INFORMAL TRAINING INTERVENTIONS JOB CREATION JOB TRAINING JOB TURNOVER KNOWLEDGE ECONOMY LABOR ECONOMICS LABOR INTENSITY LABOR MARKETS LABOR PRODUCTIVITY LABOR REGULATIONS LABOR RELATIONS LABOR TURNOVER LABOUR LABOUR MARKET LEARNING LEASING LEVEL OF EDUCATION LICENSING MARGINAL COSTS MARKET FAILURES MEDIUM ENTERPRISE MEDIUM ENTERPRISES MOTIVATION ON-THE-JOB TRAINING PARTY PERFORMANCE INDICATORS PERMANENT WORKERS PRESENT VALUE PREVIOUS WORK PRIVATE SECTOR PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS RENTS SCHOOLING SKILLED WORKERS SKILLED WORKFORCE SKILLS DEVELOPMENT SMALL FIRMS SME SME DEVELOPMENT SME POLICIES SME POLICY SME SECTOR TEACHING TECHNOLOGICAL INNOVATION TECHNOLOGICAL INNOVATIONS TEMPORARY WORKERS TOTAL FACTOR PRODUCTIVITY TRADE UNIONS TRAINED WORKERS TRAINING CENTERS TRAINING CONTENT TRAINING COSTS TRAINING FIRMS TRAINING INTENSITIES TRAINING INTENSITY TRAINING MATERIALS TRAINING OPPORTUNITIES TRAINING POLICY TRAINING PROGRAM TRAINING PROGRAMS TRAINING SCHEMES TRAINING TYPE UNEMPLOYED UNSKILLED WORKERS VOCATIONAL EDUCATION VOCATIONAL TRAINING WAGE STRUCTURE WAGES WORKER WORKING CAPITAL YOUTH Almeida, Rita K. Aterido, Reyes Investment in Job Training : Why Are SMEs Lagging So Much Behind?
geographic_facet	The World Region The World Region
relation	Policy Research working paper ; no. WPS 5358
description	This paper analyzes the link between firm size and investment in job training by employers. Using a large firm level data set across 99 developing countries, the analysis shows that a strong and positive correlation in investment in job training and firm size is a robust statistical finding both within and across countries with very different institutions and level of development. However, the findings do not support the view that this difference is mostly driven by market imperfections disproportionally affecting small and medium enterprises. Rather, the evidence is supportive of small and medium enterprises having a smaller expected return from the investment in job training than larger firms. Therefore, the findings call for caution when designing pro-small and medium enterprises policies fostering investment in on-the-job training.
format	Publications & Research :: Policy Research Working Paper
author	Almeida, Rita K. Aterido, Reyes
author_facet	Almeida, Rita K. Aterido, Reyes
author_sort	Almeida, Rita K.
title	Investment in Job Training : Why Are SMEs Lagging So Much Behind?
title_short	Investment in Job Training : Why Are SMEs Lagging So Much Behind?
title_full	Investment in Job Training : Why Are SMEs Lagging So Much Behind?
title_fullStr	Investment in Job Training : Why Are SMEs Lagging So Much Behind?
title_full_unstemmed	Investment in Job Training : Why Are SMEs Lagging So Much Behind?
title_sort	investment in job training : why are smes lagging so much behind?
publishDate	2012
url	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100719135753 http://hdl.handle.net/10986/3842
_version_	1764388621923647488

Investment in Job Training : Why Are SMEs Lagging So Much Behind?

Similar Items