Productivity Spillovers Across Firms through Worker Mobility

Andrey Stoyanov · Nick Zubanov

169 citations0/0 files storedAmerican Economic Journal Applied Economics

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Economic Growth and Productivity Global trade and economics Labor market dynamics and wage inequality

Abstract

Using matched firm-worker data from Danish manufacturing, we observe firm-to-firm worker movements and find that firms that hired workers from more productive firms experience productivity gains one year after the hiring. The productivity gains associated with hiring from more productive firms are equivalent to 0.35 percent per year for an average firm. Surviving a variety of statistical controls, these gains increase with education, tenure, and skill level of new hires, persist for several years after the hiring was done, and remain broadly similar for different industries and measures of productivity. Competing explanations for these gains, knowledge spillovers in particular, are discussed. (JEL D24, J24, J62, L60, O33)

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References

1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations 1998Initial conditions and moment restrictions in dynamic panel data models 1990Endogenous Technological Change 1995Initial conditions and moment restrictions in dynamic panel data models 1989Endogenous Technological Change 1993Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations 2003Estimating Production Functions Using Inputs to Control for Unobservables 2005Estimation and Inference of Impulse Responses by Local Projections

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