01901nam 2200349 450 991074698300332120230515073431.010.2139/ssrn.4354413(CKB)5600000000596280(NjHacI)995600000000596280(EXLCZ)99560000000059628020230515d2023 uy 0engur|||||||||||txtrdacontentcrdamediacrrdacarrierEIB Working Paper 2023/01 Advanced digital technologies and investment in employee training /Giorgio Brunello [and three others][Place of publication not identified] :European Investment Bank,2023.1 online resource (52 pages) illustrationsForschungsinstitut zur Zukunft der ArbeitUsing firm-level data covering the 27 EU countries, the UK and the US, we show that employers tend to reduce investment in training per employee after adopting advanced digital technologies (ADT). We estimate with a control function approach firm-level production functions augmented with two factors, the training stock per employee and digital technology use. We show that ADT use and employee training are substitutes in production, implying that an increase in the former negatively affects the marginal productivity of the latter, and that a decline in the cost of introducing ADT reduces employers' investment in training per employee. These findings point to challenges in realizing high levels of firm-sponsored training for employees in increasingly digital economies.Information technologyInformation technology.004Brunello Giorgio118982NjHacINjHaclBOOK9910746983003321EIB Working Paper 20233363744UNINA