Determinanti della domanda di laureati nell'industria manifatturiera italiana
Alessandro Arrighetti (),
Salvatore Curatolo () and
Andrea Lasagni ()
No 2008-EP02, Economics Department Working Papers from Department of Economics, Parma University (Italy)
Tertiary education attainment of italian labour force, particularly in the manufacturing industry, shows empirically a large gap with respect to the other OECD countries, although human capital growth has been increasingly addressed as one of the main channel towards productivity, competitive success and firm size growth. The paper analyses empirically four different explicative hypotheses, each with its own set of proxies: firm size, sectoral differences in human capital intensity, education supply of the labour force, and firm-specific demand issues. Estimates show that while structural explanations based on firm size and sectoral differences play a key causal role in determining the observed low level of human capital, supply conditions seem to have a lower esplicative power, both directly through local supply of educated workers and indirectly through their weight on the labour cost. Firm-specific demand variables, particularly those proxying for the complexity and richness of organizational structure and management, show instead the highest explicative power. More particularly, family-managed firms seem to perform a sort of "subjective resistance" to a more intensive employment of highly educated labour force.
Keywords: Human capital; Educational attainment; Labour demand; Labour supply; Graduate employment; Staff ratio; White Collars; Manufacturing industries; Firm size; Italy (search for similar items in EconPapers)
JEL-codes: J24 J21 L60 I20 (search for similar items in EconPapers)
Pages: 28 pages
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Persistent link: https://EconPapers.repec.org/RePEc:par:dipeco:2008-ep02
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