Firm-specific Human Capital Accumulation: Evidence from Brazil

被引:1
作者
Pires, Tiago
Szydlowski, Arek [1 ]
Zhao, Shuai [2 ]
机构
[1] Univ Leicester, Dept Econ Finance & Accounting, Univ Rd, Leicester LE1 7RH, England
[2] Shandong Univ, Ctr Econ Res, Jinan 250100, Peoples R China
关键词
HIGH WAGE WORKERS; LABOR-MARKET; EARNINGS INEQUALITY; SENIORITY; MOBILITY; TENURE; RISE; RETURNS; PRODUCTIVITY; PERFORMANCE;
D O I
10.1111/obes.12570
中图分类号
F [经济];
学科分类号
02 ;
摘要
We introduce firm-specific returns to experience and tenure into a standard two-way fixed effects model, show that they are separately identified under the standard exogenous mobility assumption and with sufficient between firm mobility, and provide a new evidence on heterogeneity of returns to experience and tenure across firms using the administrative data from Brazil over the years 1999-2014. We document that (1) returns to tenure are not strongly related to firm wage premia, (2) returns to experience are strongly negatively correlated with firm wage premia, (3) the relationship between firm wage premium and return to experience is stronger for 'blue collar' firms.
引用
收藏
页码:568 / 605
页数:38
相关论文
共 50 条
[41]   Tax Incentives, On-the-job Training, and Human Capital Accumulation: Evidence from China [J].
Tian, Binbin ;
Lin, Chao ;
Zhang, Wenwen ;
Feng, Chen .
CHINA ECONOMIC REVIEW, 2022, 75
[42]   Firm-specific climate risk and market valuation [J].
Berkman, Henk ;
Jona, Jonathan ;
Soderstrom, Naomi .
ACCOUNTING ORGANIZATIONS AND SOCIETY, 2024, 112
[43]   THE INFLUENCE OF FIRM-SPECIFIC FACTORS ON FIRMS' PERFORMANCE [J].
Hintosova, Bobenic A. ;
Bobenic, T. ;
Hajduova, Z. ;
Szajt, M. .
POLISH JOURNAL OF MANAGEMENT STUDIES, 2020, 21 (02) :115-128
[44]   Employees? entrepreneurial human capital and firm performance [J].
Braunerhjelm, Pontus ;
Lappi, Emma .
RESEARCH POLICY, 2023, 52 (02)
[45]   Do Immigrants Affect Firm-Specific Wages? [J].
Malchow-Moller, Nikolaj ;
Munch, Jakob R. ;
Skaksen, Jan Rose .
SCANDINAVIAN JOURNAL OF ECONOMICS, 2012, 114 (04) :1267-1295
[46]   Assessing international financial integration: do industry and firm-specific characteristics matter? Evidence from the Japanese market [J].
Chen, Mei-Ping ;
Chung, Dai-Tzung ;
Lin, Yu-Hui .
ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA, 2018, 31 (01) :860-879
[47]   Investigating the differences in entrepreneurial success through the firm-specific factors: Microeconomic evidence from the Czech food industry [J].
Blazkova, Ivana ;
Dvoulety, Ondrej .
JOURNAL OF ENTREPRENEURSHIP IN EMERGING ECONOMIES, 2019, 11 (02) :154-176
[48]   Empirical evidence on occupation and industry specific human capital [J].
Sullivan, Paul .
LABOUR ECONOMICS, 2010, 17 (03) :567-580
[49]   The relationship between human capital and firm value: Evidence from Indian firms [J].
Sisodia, Garima ;
Jadiyappa, Nemiraja ;
Joseph, Anto .
COGENT ECONOMICS & FINANCE, 2021, 9 (01)
[50]   Impact of country-specific business integrity and firm-specific ESG on earnings quality: evidence from EU civil law jurisdictions [J].
Lindahl, Frederick ;
Kantola, Satu-Paivi ;
Schadewitz, Hannu .
JOURNAL OF FINANCIAL REPORTING AND ACCOUNTING, 2024,