Arbeitspapier
Advanced digital technologies and investment in employee training: Complements or substitutes?
Using firm-level data covering the 27 EU countries, the UK and the US, we show that employers tend to reduce investment in training per employee after adopting advanced digital technologies (ADT). We estimate with a control function approach firm-level production functions augmented with two factors, the training stock per employee and digital technology use. We show that ADT use and employee training are substitutes in production, implying that an increase in the former negatively affects the marginal productivity of the latter, and that a decline in the cost of introducing ADT reduces employers' investment in training per employee. These findings point to challenges in realizing high levels of firmsponsored training for employees in increasingly digital economies.
- ISBN
-
978-92-861-5519-2
- Sprache
-
Englisch
- Erschienen in
-
Series: EIB Working Papers ; No. 2023/01
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Brunello, Giorgio
Rückert, Désirée
Weiss, Christoph
Wruuck, Patricia
- Ereignis
-
Veröffentlichung
- (wer)
-
European Investment Bank (EIB)
- (wo)
-
Luxembourg
- (wann)
-
2023
- DOI
-
doi:10.2867/16937
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Brunello, Giorgio
- Rückert, Désirée
- Weiss, Christoph
- Wruuck, Patricia
- European Investment Bank (EIB)
Entstanden
- 2023
Ähnliche Objekte (12)
Advanced Digital Technologies and Investment in Employee Training: Complements or Substitutes?
Absolute Risk Aversion and the Returns to Education
Is training more frequent when wage compression is higher? Evidence from 11 European countries
Happier with Vocational Education?
On the complementary between education and training in Europe
Unemployment, Education and Earnings Growth
Is Training more Frequent when Wage Compression is Higher? Evidence from 11 European Countries
Absolute risk aversion and the returns to education
Workplace Training and Labour Market Institutions in Europe
On the Complementarity between Education and Training in Europe
The effect of economic downturns on apprenticeships and initial workplace training: a review of the evidence
Stratified or Comprehensive? Some Economic Considerations on the design of secondary education
Advanced Digital Technologies and Investment in Employee Training: Complements or Substitutes?
Absolute Risk Aversion and the Returns to Education
Is training more frequent when wage compression is higher? Evidence from 11 European countries
Happier with Vocational Education?
On the complementary between education and training in Europe
Unemployment, Education and Earnings Growth
Is Training more Frequent when Wage Compression is Higher? Evidence from 11 European Countries
Absolute risk aversion and the returns to education
Workplace Training and Labour Market Institutions in Europe
On the Complementarity between Education and Training in Europe
The effect of economic downturns on apprenticeships and initial workplace training: a review of the evidence
Stratified or Comprehensive? Some Economic Considerations on the design of secondary education
Advanced Digital Technologies and Investment in Employee Training: Complements or Substitutes?
Absolute Risk Aversion and the Returns to Education
Is training more frequent when wage compression is higher? Evidence from 11 European countries
Happier with Vocational Education?
On the complementary between education and training in Europe
Unemployment, Education and Earnings Growth
Is Training more Frequent when Wage Compression is Higher? Evidence from 11 European Countries
Absolute risk aversion and the returns to education
Workplace Training and Labour Market Institutions in Europe
On the Complementarity between Education and Training in Europe
The effect of economic downturns on apprenticeships and initial workplace training: a review of the evidence