Table 14 Summary of findings No. Impulse... | Emerald Publishing

Table 14

Summary of findings

No.	Impulse response function	Observation
1	The response of productivity to employees with tertiary education	The impact is positive and long-lasting. Thus, we can state that employees with tertiary education are improving their productivity
2	The response of productivity to IT employees	The impact is positive and long-lasting. It is possible to state that in the BIG DATA era, IT&C personnel are improving productivity
3	The response of GDP to employees with tertiary education	The impact is positive and long-lasting. Thus, we can state that employees with tertiary education, by improving productivity, are also increasing GDP, hence the level of well-being
4	The response of GDP to IT employees	The impact is positive and long-lasting. Thus, we can state that IT employees, by improving productivity, are also increasing GDP per capita
5	The response of social exclusion to employees with tertiary education	The impact is negative and long-lasting. Therefore, employees with tertiary education are reducing social exclusion. The trend is maintained for the entire period of observation
6	The response of social exclusion to IT employees	The impact is negative but not as intensive as the person with tertiary education
7	The response of employees with tertiary education to IT training performed by enterprises	The impact starts as negative but continues as positive. We can state that although the company hired personnel with tertiary education, there is still a need for IT training within the company. Thus, IT skills need periodic updates
8	The response of IT employees to IT training performed by enterprises	Here, the impact starts as positive but becomes negative. Thus, we can affirm that IT training for the needs of the enterprise is necessary for IT personnel. However, the impact diminishes; thus, we can confirm that periodical IT training is needed
9	The response of IT training to IT personnel	We can observe that the reaction to IT training is negative to the increased IT personnel. Therefore, hiring an IT employee diminishes the need to invest in IT training. Thus, the management can pursue a cost-benefit analysis to observe if the context of sustainable HR management is more cost-efficient to hire an IT employee rather than pay for IT training
10	Control variable – response of social exclusion to GDP per capita	We can observe that the control variables are correct. Thus, an increase in GDP per capita will decrease social exclusion

No.	Impulse response function	Observation
1	The response of productivity to employees with tertiary education	The impact is positive and long-lasting. Thus, we can state that employees with tertiary education are improving their productivity
2	The response of productivity to IT employees	The impact is positive and long-lasting. It is possible to state that in the BIG DATA era, IT&C personnel are improving productivity
3	The response of GDP to employees with tertiary education	The impact is positive and long-lasting. Thus, we can state that employees with tertiary education, by improving productivity, are also increasing GDP, hence the level of well-being
4	The response of GDP to IT employees	The impact is positive and long-lasting. Thus, we can state that IT employees, by improving productivity, are also increasing GDP per capita
5	The response of social exclusion to employees with tertiary education	The impact is negative and long-lasting. Therefore, employees with tertiary education are reducing social exclusion. The trend is maintained for the entire period of observation
6	The response of social exclusion to IT employees	The impact is negative but not as intensive as the person with tertiary education
7	The response of employees with tertiary education to IT training performed by enterprises	The impact starts as negative but continues as positive. We can state that although the company hired personnel with tertiary education, there is still a need for IT training within the company. Thus, IT skills need periodic updates
8	The response of IT employees to IT training performed by enterprises	Here, the impact starts as positive but becomes negative. Thus, we can affirm that IT training for the needs of the enterprise is necessary for IT personnel. However, the impact diminishes; thus, we can confirm that periodical IT training is needed
9	The response of IT training to IT personnel	We can observe that the reaction to IT training is negative to the increased IT personnel. Therefore, hiring an IT employee diminishes the need to invest in IT training. Thus, the management can pursue a cost-benefit analysis to observe if the context of sustainable HR management is more cost-efficient to hire an IT employee rather than pay for IT training
10	Control variable – response of social exclusion to GDP per capita	We can observe that the control variables are correct. Thus, an increase in GDP per capita will decrease social exclusion

Source(s): Author's own creation