Training and Establishment Survival

William Collier, Francis Green, John Peirson and David Wilkinson

No 48, Royal Economic Society Annual Conference 2003 from Royal Economic Society

Abstract: We investigate the relationship between training and the likelihood of commercial survival over a 7-year period, using a survey of British establishments. We find that in stablishments of 200 or more employees, increased training of those in Professional, Sales, and Clerical and Secretarial occupations is associated with a greater chance of survival. In smaller establishments of less than 200 employees, increased training for Operatives and Assembly workers, Personal and Protective Service workers, and Craft and Technical workers is associated with better chances of survival. We interpret these findings as suggesting that training for these groups generated above-normal returns and indicates under-investment in training by such firms. There is no evidence to suggest under-investment in management training.

Keywords: training; survival; economic performance (search for similar items in EconPapers)
JEL-codes: J24 J51 L21 (search for similar items in EconPapers)
Date: 2003-06-04
New Economics Papers: this item is included in nep-ent
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Citations: View citations in EconPapers (4)

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Related works:
Journal Article: TRAINING AND ESTABLISHMENT SURVIVAL (2005)
Working Paper: Training and Establishment Survival (2002)
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Persistent link: https://EconPapers.repec.org/RePEc:ecj:ac2003:48

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