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Management and Human Capital Employment: An Overlooked Relationship

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

Notas Económicas, 2023, issue 57, 57-70

Abstract: In this article we look at data on management and skills demand of firms in existing databases and we highlight the strong positive relationship between both variables. We develop a model that explains this relationship and calibrate it in order to present quantitative results, which we then compare with our own estimates. We discover that a simple model with management as a technology can replicate well the estimated influence of management in the skills that firms require. We also present evidence of the influence of the sub-items of management on skill requirements and found 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)
Date: 2023
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https://www.uc.pt/site/assets/files/1218411/803-487-pb_ne_57.pdf#page=59 (application/pdf)

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Working Paper: Management and Human Capital Employment: an overlooked Relationship (2023) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:gmf:journl:y:2023:i:57:p:57:70

DOI: 10.14195/2183-203X_57_2

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