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来源类型 | Research Report |
规范类型 | 报告 |
The Relationship Between Human Capital, Productivity and Market Value | |
其他题名 | Building Up from Micro Evidence |
John Abowd; John Haltiwanger; Ron Jarmin; Julia Lane; Paul Lengermann; Kristin McCue; Kevin McKinney; Kristin Sandusky | |
发表日期 | 2002-12-05 |
出版年 | 2002 |
语种 | 英语 |
概述 | This paper investigates and evaluates the direct and indirect contribution of human capital to business productivity and shareholder value. The impact of human capital may occur in two ways: the specific knowledge of workers at businesses may directly increase business performance, or a skilled workforce may also indirectly act as a complement to improved technologies, business models or organizational practices |
摘要 | This paper investigates and evaluates the direct and indirect contribution of human capital to business productivity and shareholder value. The impact of human capital may occur in two ways: the specific knowledge of workers at businesses may directly increase business performance, or a skilled workforce may also indirectly act as a complement to improved technologies, business models or organizational practices. We use newly created firm-level measures of workforce human capital and productivity to examine links between those measures and the market value of the employing firm. The new human capital measures come from an integrated employer-employee data base under development at the US Census Bureau. We link these data to financial information from Compustat at the firm level, which provides measures of market value and tangible assets. The combination of these two sources permits examination of the link between human capital, productivity, and market value. There is a substantial positive relation between human capital and market value that is primarily related to the unmeasured personal characteristics of the employees, which are captured by the new measures.
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主题 | Economic Growth and Productivity ; Income and Wealth ; Job Market and Labor Force |
URL | https://www.urban.org/research/publication/relationship-between-human-capital-productivity-and-market-value |
来源智库 | Urban Institute (United States) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/474627 |
推荐引用方式 GB/T 7714 | John Abowd,John Haltiwanger,Ron Jarmin,et al. The Relationship Between Human Capital, Productivity and Market Value. 2002. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
410504-the-relations(501KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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