Do Computers Call for Training? Firm-level Evidence on Complementarities Between ICT and Human Capital Investments

Arbeitspapier

This paper explores whether investments in information and communication technologies (ICT) and firm?sponsored training programmes are complementary. Three approaches are applied to panel data from German service companies for the time period 1994?98. Results for a system of interrelated factor demands indicate that training complements ICT but not other capital goods. SYS?GMM estimates of production functions reveal that ICT capital is most productive if complemented by training measures in skill?intensive firms. Comparing the impacts on productivity and wage costs shows that ICT raise the profitability of training high?skilled employees.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ZEW Discussion Papers ; No. 03-20

Classification and Topics

• Classification: Wirtschaft ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Wage Level and Structure; Wage Differentials ; Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity ; Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
• Subject: Productivity ; Training ; Information and Communication Technologies ; Complementarities ; Services ; Panel Data ; Computergestütztes Verfahren ; Informationstechnik ; Betriebliche Weiterbildung ; Bildungsinvestition ; Faktorsubstitution ; Schätzung ; Theorie ; Deutschland

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Hempell, Thomas
• Event: Veröffentlichung
• (who): Zentrum für Europäische Wirtschaftsforschung (ZEW)
• (where): Mannheim
• (when): 2003

Further information

• Handle: http://hdl.handle.net/10419/23955
• Last update: 10.03.2025, 11:44 AM CET