The Impact of Skill Mismatch on Aggregate Productivity: cross-country analysis in OECD economies

Abstract

The present study explores the relationship between skill mismatch in two main categories, numeracy and literacy, and aggregate productivity as derived from a decomposition of productivity into within-rm productivity and allocative eciency. Skill mismatch is considered a rather persistent phenomenon with long lasting eects in various aspects. In the analysis covered, OECD Survey of Adult Skills (PIAAC) database was employed for the aggregated indicators of skill mismatch while productivity was measured using ORBIS commercial database. The key findings leveal a strong and negative relationship between skill mismatch in numeracy and productivity, which stems from a negative relationship between the same category and the within-rm labor productivity. Under-skilling in numeracy exhibits a negative effect on productivity while over-skilling seems not to be related in the current specication. Based on the relationship between competition and productivity, market power is used to control for the competition inierent
sectors. The results suggest that higher market share translates to higher productivity and the relationship is statistically signicant.

Ratio Working Paper No. 341: Recruitment of scarce competences to rural regions: Policies to promote recruitment

Working paperPublication

Nyström, K.

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Publication year

2020

Published in

Ratio Working Paper

Abstract

This paper studies the perceived difficulty of recruiting scarce competences to rural regions. Furthermore, the role of policy in facilitating and enhancing recruitment to and better skills matching in rural regions is discussed. Based on a survey targeted to the business sections in Swedish municipalities, the results show that recruitment is perceived to be difficult in both rural and non-rural regions. However, recruitment problems in the public sector are more pronounced in rural municipalities. Nevertheless, recruitment to the public and business sectors are perceived to be equally difficult in rural regions. Both rural municipalities and non-rural municipalities state that the difficulty of recruiting the right skills results in a lack of skills matching and constitutes an obstacle to growth. Which policies can help remedy recruitment problems in rural regions? The pecuniary incentive of writing off student debt is perceived to be the most promising policy, but respondents also believe that non-pecuniary support such as relocation support for accompanying persons and tandem recruitment should be implemented to a greater extent. Finally, the need for flexibility and policies that can be adapted to the regional demand for labour are stressed. This regards for example the adaption of education programmes to local needs and rules and regulations.

En dynamisk arbetsmarknad

BookPublication

Stern, L.

Publication year

2019

Published in

Stockholm: Dialogos

Abstract

Hur påverkas svensk arbetsmarknad av teknikutveckling, tjänstefiering, entreprenörskap och immigration? Hur väl förmår de institutionella villkoren i form av lagar, regler och skatter att hänga med?

Detta är temat för forskningsantologin En dynamisk arbetsmarknad.

En väl fungerande arbetsmarknad förutsätter ändamålsenliga villkor för medarbetare och arbetsgivare i syfte att uppmuntra utveckling, jobbskapande och tillväxt. I en föränderlig värld behöver dessa villkor utvecklas och förbättras.

Femton forskare i ekonomisk historia, företagsekonomi, nationalekonomi, sociologi och statsvetenskap analyserar de viktigaste omvärldsförändringarna och de lagar, regler och skatter som påverkar förutsättningarna på arbetsmarknaden. Studierna bygger på empiriska undersökningar och forskningssammanställningar, och syftet är att bidra till en välgrundad diskussion om framtiden för svensk arbetsmarknad.

Working for an entrepreneur: heaven or hell?

Article (with peer review)Publication

Nyström, K.

Publication year

2021

Published in

Small Business Economics

Abstract

Recruiting employees to an entrepreneurial venture is a challenging task. From the employee’s perspective, accepting a position in an entrepreneurial venture potentially implies considerable uncertainty. This paper provide a literature review and identifies research gaps related to labor mobility of employees into and out of entrepreneurial firms. Who works for an entrepreneur? What are the conditions under which the employees of entrepreneurial firms work? Additionally, labor mobility after an employee works for an entrepreneurial firm is discussed. In conclusion, the quality of the jobs generated by entrepreneurial firms may be questionable (and still relatively unexplored in empirical research), but they are nevertheless important from a labor dynamic perspective. Better understanding about motives to work for an entrepreneur, issues related to job security beyond survival rates, and job quality may contribute to ease the recruitment problems that many entrepreneurial firms struggle with. Furthermore, the relevance and potential pros and cons of working for an entrepreneurial firm in future career paths (entrepreneur or employee) need to be carefully addressed in future research.

Abstract

Ratio Working Paper No. 341: Recruitment of scarce competences to rural regions: Policies to promote recruitment

Working paperPublication

Nyström, K.

Download

Publication year

2020

Published in

Ratio Working Paper

Abstract

En dynamisk arbetsmarknad

BookPublication

Stern, L.

Publication year

2019

Published in

Stockholm: Dialogos

Abstract

Detta är temat för forskningsantologin En dynamisk arbetsmarknad.

Working for an entrepreneur: heaven or hell?

Article (with peer review)Publication

Nyström, K.

Publication year

2021

Published in

Small Business Economics

Abstract

The Impact of Skill Mismatch on Aggregate Productivity: cross-country analysis in OECD economies

Master_Thesis_Eirini_Zira_20160616

Abstract

Similar content

Ratio Working Paper No. 341: Recruitment of scarce competences to rural regions: Policies to promote recruitment

En dynamisk arbetsmarknad

Working for an entrepreneur: heaven or hell?

The Impact of Skill Mismatch on Aggregate Productivity: cross-country analysis in OECD economies

Master_Thesis_Eirini_Zira_20160616

Abstract

Similar content

Ratio Working Paper No. 341: Recruitment of scarce competences to rural regions: Policies to promote recruitment

En dynamisk arbetsmarknad

Working for an entrepreneur: heaven or hell?