Firm investments in skills and capital in the UK services sector
Firm investments in skills and capital in the UK services sector
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英国服务业对技能和资本的坚定投资
DOI：
10.1787/c595cf3b-en
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发表时间：
2020
期刊：
影响因子：
--
通讯作者：
Swati Dhingra
中科院分区：
文献类型：
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作者：
J. Lyon;Swati Dhingra
人力资本和实物资本投资是经济增长和生产率提高的关键驱动力。英国近期经历了一段动荡的历史，受到2008年全球金融危机的严重影响，最近又投票决定离开其最大贸易伙伴欧盟。我们使用英国服务业的企业层面调查数据表明，企业在每次事件发生后的时期内增加工人培训支出的可能性较小。与公投前相比，在脱欧公投后的一段时间内，企业增加工人培训支出的可能性降低了 9%。对于较大的公司以及位于伦敦和东南部的公司来说，影响最为严重。不同行业的影响也各不相同，其中房地产、专业、科学和技术活动的公司受到的负面影响最大，而行政活动和住宿服务受到的负面影响最小。我们在数据中看到所有形式的实物资本支出都发生了类似的变化：IT；车辆、设备和机械；以及土地和建筑物。欧盟公投后，企业也更有可能减少培训支出，尽管变化幅度小于 2008 年金融危机后的变化幅度。
Investments in both human and physical capital are key drivers of economic growth and productivity gains. The United Kingdom has had a turbulent recent history, being strongly affected by the Global Financial Crisis of 2008 and more recently voting to leave the European Union, its largest trading partner. We use firm-level survey data for the UK services sector to show that firms were less likely to increase expenditure on worker training in the periods following each event. In the period following the EU Referendum, firms were 9% less likely to increase expenditure on worker training relative to the period before the referendum. The effects were most severe for larger firms and for those located in London and the South East. The impacts also varied across industries, with firms in real estate, professional, scientific and technical activities among those most negatively affected, while administrative activities and accommodation services were least negatively affected. We see similar changes in expenditure on all forms of physical capital available in the data: IT; vehicles, plants and machinery; and land and buildings. Following the EU Referendum, firms were also more likely to reduce training expenditure, although the magnitudes of the changes were smaller than those following the Financial Crisis of 2008.