The Role of Specialized Knowledge and ‘Know-How’ for Firm Total Factor Productivity: Evidence from Breeding and Racing in the Equine Industry

Pia Nilsson (), Hans Andersson () and Tobias Heldt ()
Additional contact information
Pia Nilsson: Research Institute of Industrial Economics (IFN), Postal: and The Swedish University of Agricultural Sciences
Hans Andersson: The Swedish University of Agricultural Sciences
Tobias Heldt: Center for Tourism and Leisure Research, Dalarna University

No 1522, Working Paper Series from Research Institute of Industrial Economics

Abstract: Using matched employer–employee data, we investigate the influence of human capital inputs on firm productivity. Several variables are used to measure firms’ access to skilled labor, such as their share of employees with occupation-specific education and experience in horse breeding and hippology and access to a local pool of skilled labour. The results show that occupation-specific training is associated with an average productivity premium of 11%, but there is significant heterogeneity in the extent that firms that can gain from workers with specialized training of relevance to the industry. The results have implications for policy and firms investment decisions.

Keywords: Human capital; Skills; Productivity; Equine industry (search for similar items in EconPapers)
JEL-codes: D22 D24 J24 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2025-02-21, Revised 2025-05-19
New Economics Papers: this item is included in nep-eff, nep-knm and nep-lma
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.ifn.se/wfiles/wp/wp1522.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hhs:iuiwop:1522

Access Statistics for this paper

More papers in Working Paper Series from Research Institute of Industrial Economics Research Institute of Industrial Economics, Box 55665, SE-102 15 Stockholm, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Elisabeth Gustafsson ().