Distribution of the frequency of training and new technology in a 4-year period
| Training participation | New technology | Training and new technology | |
|---|---|---|---|
| … in 0 of 4 years | 0.452 | 0.492 | 0.748 |
| … in 1 of 4 years | 0.177 | 0.253 | 0.151 |
| … in 2 of 4 years | 0.130 | 0.144 | 0.065 |
| … in 3 of 4 years | 0.120 | 0.077 | 0.026 |
| … in 4 of 4 years | 0.121 | 0.035 | 0.010 |
| Observations | 5,473 | 5,473 | 5,473 |
| Training participation | New technology | Training and new technology | |
|---|---|---|---|
| … in 0 of 4 years | 0.452 | 0.492 | 0.748 |
| … in 1 of 4 years | 0.177 | 0.253 | 0.151 |
| … in 2 of 4 years | 0.130 | 0.144 | 0.065 |
| … in 3 of 4 years | 0.120 | 0.077 | 0.026 |
| … in 4 of 4 years | 0.121 | 0.035 | 0.010 |
| Observations | 5,473 | 5,473 | 5,473 |
Note(s): Descriptive statistics for individuals observed in all four waves
Selection into training and new technology adoption in terms of unobservables
| (1) | (2) | |
|---|---|---|
| Individual fixed effect | Individual time trend | |
| Training in 1 of 4 years | 0.135*** | 0.009** |
| (0.019) | (0.004) | |
| Training in 2 of 4 years | 0.162*** | 0.001 |
| (0.023) | (0.005) | |
| Training in 3 of 4 years | 0.171*** | 0.002 |
| (0.025) | (0.005) | |
| Training in 4 of 4 years | 0.168*** | −0.005 |
| (0.027) | (0.005) | |
| New Technology in 1 of 4 years | 0.088*** | 0.001 |
| (0.018) | (0.004) | |
| New Technology in 2 of 4 years | 0.157*** | 0.007 |
| (0.024) | (0.005) | |
| New Technology in 3 of 4 years | 0.177*** | 0.008 |
| (0.032) | (0.006) | |
| New Technology in 4 of 4 years | 0.157*** | 0.010 |
| (0.047) | (0.010) | |
| Training and New Technology in 1 of 4 years | −0.010 | 0.004 |
| (0.025) | (0.005) | |
| Training and New Technology in 2 of 4 years | −0.034 | 0.004 |
| (0.037) | (0.007) | |
| Training and New Technology in 3 of 4 years | −0.089 | −0.009 |
| (0.055) | (0.011) | |
| Training and New Technology in 4 of 4 years | −0.025 | −0.024 |
| (0.087) | (0.018) | |
| Female | −0.274*** | |
| (0.013) | ||
| Migrant | 0.074*** | |
| (0.016) | ||
| Constant | −0.035** | 0.010*** |
| (0.014) | (0.002) | |
| Observations | 5,473 | 5,473 |
| R2 | 0.119 | 0.004 |
| (1) | (2) | |
|---|---|---|
| Individual fixed effect | Individual time trend | |
| Training in 1 of 4 years | 0.135*** | 0.009** |
| (0.019) | (0.004) | |
| Training in 2 of 4 years | 0.162*** | 0.001 |
| (0.023) | (0.005) | |
| Training in 3 of 4 years | 0.171*** | 0.002 |
| (0.025) | (0.005) | |
| Training in 4 of 4 years | 0.168*** | −0.005 |
| (0.027) | (0.005) | |
| New Technology in 1 of 4 years | 0.088*** | 0.001 |
| (0.018) | (0.004) | |
| New Technology in 2 of 4 years | 0.157*** | 0.007 |
| (0.024) | (0.005) | |
| New Technology in 3 of 4 years | 0.177*** | 0.008 |
| (0.032) | (0.006) | |
| New Technology in 4 of 4 years | 0.157*** | 0.010 |
| (0.047) | (0.010) | |
| Training and New Technology in 1 of 4 years | −0.010 | 0.004 |
| (0.025) | (0.005) | |
| Training and New Technology in 2 of 4 years | −0.034 | 0.004 |
| (0.037) | (0.007) | |
| Training and New Technology in 3 of 4 years | −0.089 | −0.009 |
| (0.055) | (0.011) | |
| Training and New Technology in 4 of 4 years | −0.025 | −0.024 |
| (0.087) | (0.018) | |
| Female | −0.274*** | |
| (0.013) | ||
| Migrant | 0.074*** | |
| (0.016) | ||
| Constant | −0.035** | 0.010*** |
| (0.014) | (0.002) | |
| Observations | 5,473 | 5,473 |
| 0.119 | 0.004 |
Note(s): Standard errors in parentheses. *p < 0.10, **p < 0.05, ***p < 0.01
Dependent variable in column (1) is the predicted fixed effect from Specification (3) of Table 3 and in column (2), the estimated individual time trend from Specification (1) of Table 5. Reference category of the explanatory variables is no training and no new technology in all 4 years
Heterogeneity of returns by level of education
| (1) | (2) | (3) | |
|---|---|---|---|
| Log hourly wage | Job change | Promotion | |
| Training | 0.011** | −0.021*** | 0.000 |
| (0.005) | (0.007) | (0.001) | |
| New Technology | −0.009* | 0.003 | 0.003* |
| (0.005) | (0.008) | (0.002) | |
| Training × New Technology | 0.000 | 0.028** | −0.000 |
| (0.009) | (0.013) | (0.003) | |
| Low Edu. Interactions | |||
| Low Edu × Training | −0.014 | 0.051 | 0.003 |
| (0.021) | (0.033) | (0.006) | |
| Low Edu × New Technology | 0.016 | 0.013 | −0.001 |
| (0.018) | (0.023) | (0.003) | |
| Low Edu × Training × New Tech | −0.008 | −0.051 | −0.000 |
| (0.047) | (0.056) | (0.013) | |
| High Edu. Interactions | |||
| High Edu × Training | −0.002 | 0.019** | −0.002 |
| (0.005) | (0.008) | (0.002) | |
| High Edu × New Technology | 0.034*** | −0.011 | −0.004 |
| (0.008) | (0.013) | (0.003) | |
| High Edu × Training × New Tech | −0.027* | −0.026 | 0.002 |
| (0.014) | (0.021) | (0.007) | |
| Year dummies | Yes | Yes | Yes |
| Individual and job characteristics | Yes | Yes | Yes |
| Individual fixed effects | Yes | Yes | Yes |
| Observations | 44,791 | 38,204 | 38,204 |
| Within R2 | 0.129 | 0.044 | 0.009 |
| (1) | (2) | (3) | |
|---|---|---|---|
| Log hourly wage | Job change | Promotion | |
| Training | 0.011** | −0.021*** | 0.000 |
| (0.005) | (0.007) | (0.001) | |
| New Technology | −0.009* | 0.003 | 0.003* |
| (0.005) | (0.008) | (0.002) | |
| Training × New Technology | 0.000 | 0.028** | −0.000 |
| (0.009) | (0.013) | (0.003) | |
| Low Edu × Training | −0.014 | 0.051 | 0.003 |
| (0.021) | (0.033) | (0.006) | |
| Low Edu × New Technology | 0.016 | 0.013 | −0.001 |
| (0.018) | (0.023) | (0.003) | |
| Low Edu × Training × New Tech | −0.008 | −0.051 | −0.000 |
| (0.047) | (0.056) | (0.013) | |
| High Edu × Training | −0.002 | 0.019** | −0.002 |
| (0.005) | (0.008) | (0.002) | |
| High Edu × New Technology | 0.034*** | −0.011 | −0.004 |
| (0.008) | (0.013) | (0.003) | |
| High Edu × Training × New Tech | −0.027* | −0.026 | 0.002 |
| (0.014) | (0.021) | (0.007) | |
| Year dummies | Yes | Yes | Yes |
| Individual and job characteristics | Yes | Yes | Yes |
| Individual fixed effects | Yes | Yes | Yes |
| Observations | 44,791 | 38,204 | 38,204 |
| 0.129 | 0.044 | 0.009 | |
Note(s): Clustered standard errors in parentheses. *p < 0.10, **p < 0.05, ***p < 0.01
Estimates of the reference category are for medium education. Individual and job characteristics refer to the variables listed in Table 1