Workforce ageing and the training propensity of Italian firms: cross-sectional evidence from the INDACO survey

Guerrazzi, Marco (2014): Workforce ageing and the training propensity of Italian firms: cross-sectional evidence from the INDACO survey.

Abstract

In this paper, I provide a probit analysis in which the propensity of private Italian firms to offer on-the-job training is linked to the age and the gender of the employed workforce as well as to a set of relevant corporate characteristics such as size, sector, geographical location, innovation strategies, R&D investments and the use of social safety valves. Retrieving cross-sectional data from INDACO 2009, I find that the propensity of surveyed firms towards training provision follows an inverted u-shaped pattern with respect to the average age of incumbent workers. Furthermore, I show that larger firms are more willing to offer training and the same attitude holds for productive units that adopted innovation strategies and/or invested in R&D projects. By contrast, I find that the propensity to support training activities is negatively correlated to the percentage of employed women and the use of social valves.

• Item Type: MPRA Paper
• Language: English
• Keywords: Ageing; Older workers; Vocational training; Human capital; Labour turnover; Probit model; INDACO.
• Subjects: J - Labor and Demographic Economics > J1 - Demographic Economics > J14 - Economics of the Elderly ; Economics of the Handicapped ; Non-Labor Market Discrimination; J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J24 - Human Capital ; Skills ; Occupational Choice ; Labor Productivity

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