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Human Resource Development and Productivity of Japanese Firms: An empirical analysis using unique surveys on human resource management

Tsutomu Miyagawa, Yumi Nishioka, Atsushi Kawakami () and Kazuma Edamura

Discussion Papers (Japanese) from Research Institute of Economy, Trade and Industry (RIETI)

Abstract: We examined the relationship between human resource development and firm performance using two sets of data, one obtained from a questionnaire survey mailed to firms' personnel departments and another—human resource management scores based on interviews with Japanese firms—used in Miyagawa et, al (2010). We found a positive relationship between the number of training days per worker and the human resource management scores, in which higher scores reflect more performance-oriented compensation/promotion systems and greater emphasis on human resource development efforts. When we estimate a production function using man-hour data obtained from the mailed survey, we found a positive relationship between human resource management scores and firm growth. We also found a strong correlation between human resource management scores concerning off-the-job training and firm performance.

Pages: 39 pages
Date: 2011-03
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Citations: View citations in EconPapers (3)

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