Labour Productivity, Investment in Human Capital and Youth Employment

Labour Productivity, Investment in Human Capital and Youth Employment
Author: Olga Rymkevich
Publisher: Kluwer Law International B.V.
Total Pages: 266
Release: 2010-01-01
Genre: Law
ISBN: 904113249X

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Unemployment levels are on the rise nearly everywhere, and the rate is particularly high among young people. If this trend is not reversed, the potential long-term economic and social damage is incalculable. For this reason a particular urgency attended an international conference on the subject held in March 2009 at the Marco Biagi Foundation in Modena, Italy, in the course of which specialists in labour law, human resources management, labour economics, sociology, education, and statistics met to present and compare research. This issue of the Bulletin of Comparative Labour Relations includes a selection of the papers presented at that conference. Although the selected essays present findings on specific issues in particular countries, the general applicability at the global level is evident. Assessing measures taken to deal with youth unemployment in thirteen countries (Italy, Spain, Russia, Sweden, Bulgaria, Estonia, Hungary, Poland, Israel, Nigeria, the United States, China, and Singapore), twenty-five leading authorities describe and analyse such aspects of the problem as the following: vocational education and training; quality of employment as well as quantity; links between educational institutions and local, national and international enterprises; consultation and co-operation between employers' associations and trade unions; job security vs. employment security; funding for postgraduate programmes, internships, and on-the-job vocational training; career development for future managers; safeguards for workers in a framework of flexibility; labour market pressure from unskilled immigrant workers; 'earn-as-you-learn' schemes; work in the informal economy; and the rationale behind the phasing out of passive labour market measures for school leavers such as unemployment benefits.

Productivity, Investment in Human Capital and the Challenge of Youth Employment

Productivity, Investment in Human Capital and the Challenge of Youth Employment
Author: Pietro Manzella
Publisher: Cambridge Scholars Publishing
Total Pages: 390
Release: 2011-07-12
Genre: Law
ISBN: 1443832340

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From an international and comparative perspective, young people’s access to the labour market is a complex issue with certain contradictory aspects reflecting the level of development of labour law and industrial relations in their respective countries. In the most advanced economies, there has been a steady increase in the age at which young people exit the educational system and enter the labour market, giving rise to significant economic and social problems. The increase in levels of educational attainment is associated in some cases with an alarming rate of unemployment among those with academic qualifications, while employers encounter considerable difficulty in recruiting workers for unskilled and semi-skilled positions. The economies of developing countries, on the other hand, are characterized by different trends, reminiscent of the early stages of modern labour law, with the large-scale exploitation of young workers and children, many of whom join the flow of migrants towards the more highly developed regions of the world, with the consequent risk of impoverishing human capital in the country of origin. The ADAPT Labour Studies Book-Series has in connection been set up with a view to achieving a better understanding of these and other issues in the field of Labour and Employment relations in a global dimension, through an interdisciplinary and comparative approach.

Productivity, Investment in Human Capital and the Challenge of Youth Employment in Sub-Saharan Africa

Productivity, Investment in Human Capital and the Challenge of Youth Employment in Sub-Saharan Africa
Author: Machilu Zimba
Publisher:
Total Pages: 0
Release: 2011
Genre:
ISBN:

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In order to avoid wasting this precious resource, there is a need to manage it not simply by means of legal regulation that may or may not produce results, but also by means of a reform of the education and training systems on a global scale that should be entrusted to the social partners (unions and employers). Furthermore, the availability to stakeholders in the labour market, of labour market information should not be underestimated in its ability to smooth the school-to-work transition. This appears to be possible only if we are prepared to rethink the role and functions of industrial relations, that need to make a contribution to the modernisation of education and training, closing the traditional gap between school and work through innovative and unique measures.

Investing in People

Investing in People
Author: United States. Department of Labor. Commission on Workforce Quality and Labor Market Efficiency
Publisher:
Total Pages: 1216
Release: 1989
Genre: Education and state
ISBN:

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Human Capital and Development

Human Capital and Development
Author: Natteri Siddharthan
Publisher: Springer Science & Business Media
Total Pages: 161
Release: 2012-12-04
Genre: Business & Economics
ISBN: 8132208579

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The papers included in this volume cover several aspects of human capital. It starts with the role of human capital in influencing productivity, employment and growth of employment. The chapters show that Indian States that have been neglecting schooling and health facilities have become victims in terms of low productivity and lower rates of employment. Consequently, employment cannot be increased without spending on education and health. Furthermore, the unorganised sector in India cannot provide gainful employment as productivity in this sector is low and is also declining. Skill intensity influences mainly productivity in the organised sector. As a result, states that have been neglecting human capital would lose on both counts. The chapters also reveal that human capital could be substituted for energy use and help in reducing energy consumption and pollution. India is also one of the important exporters of human capital and the non resident Indians send remittances back to India. The volume indicates that remittances play a significant role in poverty reduction and increase in per capita consumption levels. In addition remittances, unlike foreign direct investments and portfolio investments, are less erratic and are not influenced by slowdown in the world economy. Poverty could also be directly attacked through the use of anti poverty programmes like NREGA. This volume provides an analytical framework and a theoretical model to analyse the impact of these programmes to examine their influence on labour demand, income, prices and productivity. The volume also emphasises the crucial role of the government in directly running education institutions. As seen from the volume government run engineering institutions are technically more efficient than the private run ones.

Human Capital Over the Life Cycle

Human Capital Over the Life Cycle
Author: Catherine Sofer
Publisher: Edward Elgar Publishing
Total Pages: 210
Release: 2004-01-01
Genre: Business & Economics
ISBN: 1843769751

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. . . I am convinced that it should occupy a high position on the desk of policymakers. . . This book constitutes a good state-of-the-art study in this field and paves the way for further research in this direction. Marie-Claire Villeval, Economic Record This attractive publication is carried out as a clear attempt to gain access to a wider audience, relaxing formal and technical details, which makes the lecture easier. . . An international comparison of literature or educational and labour experiences is provided in every contribution in the book, helping to obtain a wider perspective of the problems tackled. Carmen García and Julio López, Education Economics This book makes a novel contribution to economics of education in several key respects. It highlights a broad number of crucial factors over the individual s life cycle that underlie inequalities in education and in the labour market. . . It is amazing how limited our knowledge is about these interactions despite their high priority in national as well as EU-level policy-making. This is a timely book concerned with topics of high policy relevance. Moreover, the authors have well succeeded in their attempt to write "in a style that makes this work accessible to a wider audience", using the editor s words. It is most important that academics as well as politicians are made aware of the considerable knowledge gaps that still prevail in our understanding of the role of education and training for the individual s success or failure in school and in working life. Rita Asplund, The Research Institute of the Finnish Economy (ETLA), Finland In the last decade, changes occurring in the demand for skills have produced significant effect on the functioning of labour markets in Europe and elsewhere. The challenge posed by a knowledge based society for sustained growth has been at the centre of the European strategy for employment and has important implications for the design of labour market policies. This book brings together a wide range of contributions written by leading experts on key issues such as: schooling systems, transition from school to work and lifelong learning, thereby providing an essential reference for both researchers and policymakers. Claudio Lucifora, Università Cattolica, Italy Human Capital Over the Life Cycle synthesises comparative research on the processes of human capital formation in the areas of education and training in Europe, in relation to the labour market. The book proposes that one of the most important challenges faced by Europe today is to understand the link between education and training on the one hand and economic and social inequality on the other. The authors focus the analysis on three main aspects of the links between education and social inequality: educational inequality, differences in access to labour markets and differences in lifelong earnings and training. Almost all the stages in the life cycle are tracked from early childhood to stages late in the working life: firstly the characteristics and effects of schooling systems, then the transitions from school to work and, finally, human capital and the working career. Academics and researchers of European studies, labour economics and the economics of education will all find this novel and analytically sound book of interest, as will sociologists and policymakers in Europe.

Essays on Agricultural Productivity, Youth Employment, and Human Capital Investment in Sub-saharan Africa

Essays on Agricultural Productivity, Youth Employment, and Human Capital Investment in Sub-saharan Africa
Author: Josephat Koima
Publisher:
Total Pages: 201
Release: 2021
Genre: Electronic dissertations
ISBN:

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This dissertation focuses on the intersection of agricultural productivity, youth employment, and investments in human capital development in Sub–Saharan Africa (SSA). Agriculture is a dominant employer and source of income in SSA, and plays an important role in youth employment and educational attainments.In Chapter 1, we study the role of structural transformation in the labor reallocation between the farm and the non–farm sector and the consequential impact on worker demographics. Specifically, we investigate whether agricultural productivity differentially reallocates labor by age and gender. We develop a theoretical model where increased land productivity leads to younger individuals sorting into the non–farm sector while older individuals sort into agriculture. We then use data from Zambia in our empirical analysis. Our main results show some evidence of productivity affecting labor reallocation within recent productivity lags (last 2 years) but not when longer productivity lags (4 or 6) are considered. Specifically, consistent with our model prediction, a 10% increase in a 2–year lagged moving average of productivity decreases the probability of farming by 0.3 percentage points among youth (15–24) and older youth (25–34). We also show that youth (15–24) also exit farming following increased productivity. Increased productivity tends to reduce the intensity of farming across all age groups but the reduction is relatively larger among the youth. In addition, young men are more likely to exit business activity as productivity increases relative to young women – across all productivity lags. In the short term (2–lags), while youth exit farming, there is no differential outcome between genders. However, among older youth, males are more likely to exit farming compared to women. Finally, males mainly drive the reduction in intensity of farming. Overall, while we find some evidence in favor of our hypotheses, the evidence is generally limited to the short term and the marginal effects are quantitatively small.Chapter 2 investigates the impact of agricultural productivity on human capital investments in Tanzania. Agriculture remains a major source of employment and income in Tanzania. Therefore, any agricultural productivity shocks are likely to affect educational investment decisions. Our results provide evidence that increased agricultural productivity boosts spending on uniform, contributions and total academic expenses. We find positive but statistically non–significant effects of productivity on study times. In addition, we find no evidence of heterogeneous effects by student gender. We show evidence that productivity effects are smaller in female–headed households. Finally, we find some evidence that post–primary students experience larger impacts compared to primary school students.In Chapter 3, I investigate the impact of primary school electrification on academic outcomes in Kenya. Between 2014 and 2016, the number of primary schools with electricity rose from 56% to 94%. Schools near the grid network were connected to grid electricity while those further received solar photovoltaics. Using this rapid electrification expansion as a source of identifying variation in a panel fixed effects model, the paper estimates the impact on school test scores, enrollment, and completion. The paper also attempts to quantify the effects of lighting on education performance by relying on the off–grid (solar) electricity coefficients. Using a universe of 8th grade students in public schools in Kenya, the paper finds no evidence that electricity affects test scores or enrollment in the short run. However, off–grid electrification increases completion by 1%. Using off–grid estimates, the paper concludes that lighting has a small positive impact on completion but not on test scores or enrollment.