Unwilling to Train?-Firm Responses to the Colombian Apprenticeship Regulation

成果类型:
Article
署名作者:
Caicedo, Santiago; Espinosa, Miguel; Seibold, Arthur
署名单位:
Clemson University; Pompeu Fabra University; Bocconi University; University of Mannheim
刊物名称:
ECONOMETRICA
ISSN/ISSBN:
0012-9682
DOI:
10.3982/ECTA18911
发表日期:
2022
页码:
507-550
关键词:
DISADVANTAGED YOUTH LABOR wages ORGANIZATION INEQUALITY returns IMPACT
摘要:
We study firm responses to a large-scale change in apprenticeship regulation in Colombia. The reform requires firms to train, setting apprentice quotas that vary discontinuously in firm size. We document strong heterogeneity in responses across sectors, where firms in sectors with high skill requirements tend to avoid training apprentices, while firms in low-skill sectors seek apprentices. Guided by these reduced-form findings, we structurally estimate firms' training costs. Especially in high-skill sectors, many firms face large training costs, limiting their willingness to train apprentices. Yet, we find substantial overall benefits of expanding apprenticeship training, in particular when the supply of trained workers increases in general equilibrium. Finally, we show that counterfactual policies taking into account heterogeneity across sectors can deliver similar benefits from training while inducing less distortions in the firm-size distribution and in the allocation of resources across sectors.