From: Another piece of the puzzle: Firms’ investment in training as production of optimal skills inventory

OC UC DS | Interaction CR DS | |||
---|---|---|---|---|

(1) | %change | (2) | %change | |

Overage costs | ||||

Total overage costs | − 0.0258*** (0.005) | − 2.55% | ||

Underage costs | ||||

Total underage costs | 0.0002 (0.000) | 0.02% | ||

Demand structure | ||||

Industry volatility | 0.0149*** (0.003) | 1.51% | 0.0156*** (0.003) | 1.57% |

Interaction CR DS | ||||

Critical ratio | 0.0003* (0.000) | 0.03% | ||

Critical ratio × volatility | 0.00004*** (0.000) | 0.00% | ||

Constant | − 1.9350*** (0.100) | − 1.9155*** (0.096) | ||

Controls | Included | Included | Included | Included |

Number of observations | 2658 | 2658 | 2658 | 2658 |

Pseudo R^{2}
| 0.144 | 0.144 | 0.141 | 0.141 |