Firm performance, skill recombination and regional culture
Carlo Gianelle
MPRA Paper from University Library of Munich, Germany
Abstract:
This study connects worker mobility and industry-specific skills, regional cultural characteristics and economic performance in a novel empirical way. Building on the notions of technological relatedness and unrelatedness of worker experience, we devote special attention to: (i) causal identification, and (ii) the linguistic and cultural homogeneity of the community of firms and workers under scrutiny. Contrary to several previous studies, we find that in a culturally homogeneous context, and controlling for firm heterogeneity, the unrelated combinations of skills constitute a relevant source of productivity gains. We discuss our approach in light of previous studies and derive implications for place-based policy.
Keywords: labor mobility; skill diversity; technological relatedness; firm performance (search for similar items in EconPapers)
JEL-codes: D22 J62 L25 R11 (search for similar items in EconPapers)
Date: 2023-01-11, Revised 2024-12-06
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:122882
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