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Management and Human Capital Employment: an overlooked Relationship

Marcelo Santos, Susana Garrido Azevedo and Tiago Sequeira
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Susana Garrido Azevedo: Univ of Coimbra, CeBER, Faculty of Economics

No 2023-01, CeBER Working Papers from Centre for Business and Economics Research (CeBER), University of Coimbra

Abstract: We look at data for Management and Skills demand of firms in existing databases and we highlight the strong positive relationship between both variables. We devise a model that explains this relationship and calibrate it in order to present quantitative results and compare those results with the estimated ones. We discover that a simple model with Management as Technology can replicate well the estimated influence of Management in the skills demand of firms. We also present evidence of the influence of the subitems of Management on skills’ demand and discovered that aside from the talent component of Management, target and performance components greatly influence the demand for skills.

Keywords: management practices; productivity; human capital (search for similar items in EconPapers)
JEL-codes: L2 M2 M5 O32 O33 O34 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2023-01
New Economics Papers: this item is included in nep-bec, nep-eff, nep-hrm and nep-inv
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