Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/161458
Authors: 
Vandenberg, Paul
Trinh, Long Q.
Year of Publication: 
2016
Series/Report no.: 
ADBI Working Paper Series 582
Abstract: 
The paper analyzes the link between human capital and firm-level productivity in five Asian countries. It draws on a dataset of over 4,000 enterprises and considers both the prior educational attainment of workers and in-service training programs of enterprises. Differences between small, medium-sized, and large enterprises and between countries are also presented. The key finding is that both preservice education and in-service training are positively correlated with labor productivity. The productivity of small and medium-sized enterprises (SMEs) is enhanced by a higher level of skills and education of the workforce, just as it is with large firms. However, there are country differences. The policy implications are that competitiveness is enhanced both by raising the general level of education in the workforce and by encouraging enterprise-based training programs.
Subjects: 
SME
human capital
firms
enterprises
services
productivity
skills
education
in-service training
labor
workforce
competitiveness
enterprise-based training
People's Republic of China
Indonesia
Malaysia
Thailand
Viet Nam
JEL: 
J24
D22
D24
Creative Commons License: 
https://creativecommons.org/licenses/by-nc-nd/3.0/igo/
Document Type: 
Working Paper

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