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Table 4 Firms’ costs and benefits from apprenticeship training (OLS)

From: The costs of standardized apprenticeship curricula for training firms

 

Gross cost in Swiss Francs

Productive output in Swiss Francs

Net benefit in Swiss Francs

(1)

(2)

(3)

(4)

(5)

(6)

Content not used

2937.6*** (1108.0)

3197.7*** (1112.4)

\(-3203.1\)*** (959.2)

\(-3057.0\)*** (964.2)

\(-6140.7\)*** (1456.7)

\(-6254.8\)*** (1461.3)

Additional skills

1049.7** (526.3)

811.9 (526.0)

\(-1429.9\)*** (455.6)

\(-1325.4\)*** (455.9)

\(-2479.6\)*** (692.0)

\(-2137.3\)*** (691.0)

Constant

25720.4*** (3615.4)

23615.4*** (3632.3)

36564.7*** (3129.9)

37469.3*** (3148.4)

10844.4** (4753.5)

13853.9*** (4771.6)

Apprentice-year pattern dummies

Yes

Yes

Yes

Yes

Yes

Yes

Occupation dummies

Yes

Yes

Yes

Yes

Yes

Yes

Firm size dummies

Yes

Yes

Yes

Yes

Yes

Yes

Industry dummies

Yes

Yes

Yes

Yes

Yes

Yes

Greater region dummies

Yes

Yes

Yes

Yes

Yes

Yes

Additional firm characteristics

No

Yes

No

Yes

No

Yes

Apprentice characteristics

No

Yes

No

Yes

No

Yes

R-squared

0.167

0.177

0.174

0.182

0.100

0.113

Observations

4152

4152

4152

4152

4152

4152

  1. Coefficients are OLS estimates. \(^{\star \star \star }\), \(^{\star \star }\), and \(^{\star }\) denote statistical significance at the 1%, 5%, and 10% level, respectively. Standard errors given in parentheses. Results are weighted with sampling weights. Gross costs, productive outputs, and net benefits in columns (1) to (6) are firm averages per apprentice and year. Occupation, industry and region dummies as shown in Table 9. Additional firm and apprentice characteristics are listed in Table 1