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Table 5 Main determinants of the training intensity for training-firms.

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 R2 0.144 0.144 0.141 0.141
  1. Table reports marginal effects of a negative binomial regression for training-firms; all costs are in 10,000 Euros per person; %-change calculated as (incidence-rate ratio− 1) × 100; dependent variable: Number of apprentices; controls: Firm’s size (in #employees), Firm’s age (in years), Collective agreements (binary), Worker representation (binary), Training occupation, and Federal state; standard errors in parentheses; * statistically significant at the 0.10 level; ** at the 0.05 level; *** at the 0.01 level