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High School Graduates, Skill Formation and Labour Demand

digital High School Graduates, Skill Formation and Labour Demand
Article
journal RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI
issue RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2009 - 3
title High School Graduates, Skill Formation and Labour Demand
authors

publisher Vita e Pensiero
format Article | Pdf
online since 03-2009
issn 0035-676X (print) | 1827-7918 (digital)
€ 6.00

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By exploiting a new and rich firm-level dataset, we provide some evidence on labour demand by Italian manufacturing firms, with a focus on high school graduates, and we estimate the factors underlying the decision to engage in work-based training, as well as its relative intensity. Relying on a job competition mechanism of skill formation, we stress the role of the strategic complementarity between innovation and firm organization. Our results show that training propensity is affected by firm size, capital intensity, skill composition, R&D, investments in new machinery and organizational change following technological change. No relevant effects emerge from labour cost and internationalization activities. These results hold particularly for the decision to provide both formal and informal training together. Finally, R&D and techno-organizational innovations also affect the intensity of training, both in terms of training costs and in terms of the employment share of trainees. Key words: High school, Labour demand, Skill, Training. JEL Classification: J23, J24, L25, O32, O33.