Investments, further training and company reorganization

Abstract

"The correlations between investments, reorganization and further training existing at company level are examined in this paper. A production theory approach in conjunction with an optimisation calculation of the companies shows that the variables focused on here are mutually dependent on one another. If the model analysis is expanded by a few plausibility considerations on possible company developments, the initially simple and clearly manageable structure becomes more complex and counter-effects can occur. This is why it is not possible to formulate any clear hypotheses on the interdependency effects of the variables of investments, reorganization and further training as a point of departure for an empirical analysis. The empirical study is based on the data of the IAB establishment panel of the years 1997-2000. The focus of research is a simultaneous triangular equation model with further training, reorganization and investments as the variables to be studied. The key results are: there is a mutually interdependent relationship between reorganization measures and investments. Although further training is encouraged by real capital investments, the reverse correlation cannot be found. Clear relationships between further training and reorganization measures only exist if individual measures are analysed. All in all, simultaneous relationships between investments, reorganization measures and further training schemes can be empirically proven. Delayed adjustment processes partly interfere with them." (Author's abstract, IAB-Doku) ((en))

Cite article

Gerlach, K., Hübler, O. & Meyer, W. (2002): Investitionen, Weiterbildung und betriebliche Reorganisation. In: Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Vol. 35, No. 4, p. 546-565.