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Do Computers Call for Training? Firm-level Evidence on Complementarities Between ICT and Human Capital Investments
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IZA Seminar |
Place: Schaumburg-Lippe-Str. 9, 53113 Bonn |
Date: 18.11.2003, 12:15 - 13:30 |
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Presentation by |
Thomas Hempell (affiliation not available)
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Abstract: |
This paper explores whether investments in information and communication
technologies (ICT) and firm–sponsored training programmes are complementary.
Three approaches are applied to panel data from German service
companies for the time period 1994–98. Results for a system of interrelated
factor demands indicate that training complements ICT but not other capital
goods. SYS–GMM estimates of production functions reveal that ICT capital
is most productive if complemented by training measures in skill–intensive
firms. Comparing the impacts on productivity and wage costs shows that
ICT raise the profitability of training high–skilled employees. |
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Download complete paper  |
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For more information, please contact seminar@iza.org
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