Industry knowledge spillovers: do workers gain from the collective experience?

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Permanent URL for this page: http://hdl.voced.edu.au/10707/326303.


Author: Riley, Rebecca

Abstract:

Individuals acquire experience during their working lives. This is usually thought to contribute to individuals' human capital and is rewarded in terms of pay. This paper looks at whether individuals' pay is also affected by the general experience acquired by others working in the same firm or industry. The mechanism in mind is one where individual workers benefit from exchanges of ideas and learning opportunities that arise because of the human capital of their co-workers. Analysing repeated cross-sections of workers within industry sectors and longitudinal linked employer-employee data, [the author] finds the data to be consistent with the presence of knowledge spillovers from workers' general experience levels in the industry and the enterprise.

Published abstract.

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Individuals acquire experience during their working lives. This is usually thought to contribute to individuals' human capital and is rewarded in terms of pay. This paper looks at whether individuals' pay is also affected by the general experience acquired by others working in the same firm or industry. The mechanism in mind is one where individual workers benefit from exchanges of ideas and learning opportunities that arise because of the human capital of their co-workers. Analysing repeated cross-sections of workers within industry sectors and longitudinal linked ...  [+] Show more

Subjects: Skills and knowledge; Statistics; Employment; Economics; Income

Keywords: Human capital; Longitudinal data; Employment experience; Wage; Economic growth

Published: London, England: Centre for Learning and Life Chances in Knowledge Economies and Societies, 2010

Physical description: 24 p.

Access item:
http://www.llakes.org/wp-content/uploads/2010/08/Riley-online.pdf

Series:
LLAKES research paper; no. 17

ISSN: 2042-5929

Resource type: Paper

Rights:
This paper may be cited or briefly quoted in line with the usual academic conventions, and for personal use. However, this paper must not be published elsewhere (such as mailing lists, bulletin boards etc.) without the author's explicit permission.

Call Number:
TD/TNC 117.1058



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