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Vocational Training and Innovation

Legros, Diego; Gallié, Emilie-Pauline (2008), Vocational Training and Innovation, 2nd International Conference on Educational Economics, 2008-08, Athènes, Grèce

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2007-01.PDF (643.4Kb)
Type
Communication / Conférence
Date
2008
Conference title
2nd International Conference on Educational Economics
Conference date
2008-08
Conference city
Athènes
Conference country
Grèce
Pages
25
Metadata
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Author(s)
Legros, Diego
Gallié, Emilie-Pauline
Abstract (EN)
Human capital is considered as one of the main inputs in economic growth. Human capital can generate endogenous growth thanks to a continuous process of knowledge and externalities accumulation (Aghion and Howitt, 1998). In that context, this paper explores the relationship between innovation and vocational training. Our methodological approach allows to contribute to the literature in three manners. First, we propose different indicators of vocational training. Second, we build a count data panel with a long time data series. This deals with the issue of non-random selection and potentially with measurement error from short panels. Finally, we explicitly allow for endogeneity and fixed effects using GMM techniques. Estimations are made on a panel data set relative to French industrial firms over the period 1986-1992. Our results indicate that whatever the indicators, vocational training has a positive impact on the technological innovation.
Subjects / Keywords
R&D; count panel data; training; patents; linear feedback model
JEL
O31 - Innovation and Invention: Processes and Incentives
L60 - General
J24 - Human Capital; Skills; Occupational Choice; Labor Productivity
C25 - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
C23 - Panel Data Models; Spatio-temporal Models

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