Does Human Capital Matter to Vendor Profitability: Evidence from Taiwan

Yu-Hsien Tsai and Chih-Hai Yang ()
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Yu-Hsien Tsai: Graduate Institute of Industrial Economics, National Central University, Taiwan
Chih-Hai Yang: Department of Economics, National Central University, Taiwan

Journal of Economics and Management, 2018, vol. 14, issue 1, 83-106

Abstract: This paper examines the role of human capital on influencing vendor profit. Using a unique vendor survey from Taiwan, we find human capital, measured by owners' education and experience, is positively related to vendor profit. Particularly, education tends to associate an inversed-U relationship with the vendor profit that vendors run by high school educated owners gain a highest profit, on average. The influences of education and experience on profit are similar for both food and non-food vendors, even though their operation skills and knowledge are likely diverse. Other owner characteristics, such as age and gender, also matter to vendor profit.

Keywords: vendor; human capital; profitability (search for similar items in EconPapers)
JEL-codes: J49 L25 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:jec:journl:v:14:y:2018:i:1:p:83-106

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