Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/268087 
Year of Publication: 
2022
Series/Report no.: 
New Zealand Treasury Working Paper No. 22/01
Publisher: 
New Zealand Government, The Treasury, Wellington
Abstract: 
Linked employer-employee data from New Zealand is used to study the relationship between a firm's productivity growth and its exposure to outside knowledge through the hiring of new workers with previous work experience. The estimated relationship between productivity growth and hiring is compared to the predictions implied by two different channels: worker quality and knowledge spillover. Although it is not possible to identify a causal relationship, the productivity of a worker's previous employer is correlated with subsequent productivity growth at the hiring firm. The patterns of this correlation are consistent with both the worker quality and knowledge spillover channels operating simultaneously. Furthermore, if knowledge spillover is occurring, the results suggest the type of knowledge spilling over relates to technological knowledge allowing firms to become more capital intensive, rather than knowledge that improves the efficiency of utilising existing inputs.
Subjects: 
productivity
labour mobility
human capital
knowledge diffusion
JEL: 
D24
J24
J62
O33
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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