Skip to main content

Table 6 The effect of investment in training per employee (TI) on firm productivity. Production function estimates. Method: Levinsohn and Petrin. 2015–18

From: Do investments in human and physical capital respond differently to financing constraints?

Variable

 

Training per employee

0.112***

 

(0.013)

Log employment

0.373***

 

(0.010)

Log fixed assets

0.153***

 

(0.012)

Log material costs

0.475***

 

(0.025)

Sample size

23,663

  1. The estimates are based on the routine “prodest” in Stata 16. Additional controls include country by year and sector fixed effects. Standard errors within parentheses. *, **, ***for statistical significance at the 10, 5 and 1 level of confidence