Assessing the impact of skill shortages on the productivity performance of high-tech firms in Northern Ireland

Bennett, Jessica; McGuinness, Séamus

doi:10.1080/00036840601007450

Cited by 52 publications

(31 citation statements)

References 9 publications

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“…Several studies examine the effect of skill shortages on firm productivity. Bennett and McGuinness (), Tang and Wang (), Haskel and Martin (), Forth and Mason () and Mason et al . () find that skill shortages have a negative impact on firm productivity.…”

Section: Current Position Of the Literaturementioning

confidence: 99%

Skills Mismatch: Concepts, Measurement and Policy Approaches

McGuinness

Pouliakas

Redmond

2018

Journal of Economic Surveys

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142

105

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The term skills mismatch is very broad and can relate to many forms of labour market friction, including vertical mismatch, skill gaps, skill shortages, field of study (horizontal) mismatch and skill obsolescence. In this paper, we provide a clear overview of each concept and discuss the measurement and inter-relatedness of different forms of mismatch. We present a comprehensive analysis of the current position of the literature on skills mismatch and highlight areas which are relatively underdeveloped and may warrant further research. Using data from the European Skills and Jobs Survey, we assess the incidence of various combinations of skills mismatch across the EU. Finally, we review the European Commission's country-specific recommendations and find that skills mismatch, when referring to underutilized human capital in the form of overeducation and skills underutilization, receives little policy attention. In cases where skills mismatch forms part of policy recommendations, the policy advice is either vague or addresses the areas of mismatch for which there is the least available evidence.The job evaluation method is based on the assessments of professional job analysts who are tasked with measuring the educational requirements of occupations for the purpose of constructing occupational dictionaries (such as DOT or O*NET in the United States or SOC in the United Kingdom). The advantage of this approach is that it is perceived to be more accurate as it is based on field expertize. In terms of disadvantages, the job evaluation method is very expensive to carry out and, therefore, is not widely available at a national level. Furthermore, occupational requirements can change rapidly over time suggesting the approach can become outdated if the analysis is not updated on a fairly regular basis

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Section: Current Position Of the Literaturementioning

confidence: 99%

Skills Mismatch: Concepts, Measurement and Policy Approaches

McGuinness

Pouliakas

Redmond

2018

Journal of Economic Surveys

Self Cite

142

105

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“…Estimates suggest that substantial gains in productivity can be achieved by reducing skills mismatches (Adalet McGowan & Andrews, 2015). Skills shortages have been found to contribute to lower productivity of firms in several countries, including Ireland and Canada (Tang & Wang, 2005;Bennett & Mcguinness, 2009). Also at the firm level, under-qualification is found to have a negative effect on productivity in Belgian firms, while over-qualification has positive productivity effects (Kampelmann & Rycx, 2012).…”

Section: Skills Imbalances Can Hamper Productivity Growthmentioning

confidence: 99%

Reducing skills imbalances to foster productivity growth of Malaysia

Espinoza¹,

Vandeweyer²

2019

OECD Economics Department Working Papers

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This document, as well as any data and map included herein, are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. 2  ECO/WKP(2019)61 REDUCING SKILLS IMBALANCES TO FOSTER PRODUCTIVITY GROWTH OF MALAYSIA Unclassified OECD Working Papers should not be reported as representing the official views of the OECD or of its member countries. The opinions expressed and arguments employed are those of the author(s). Working Papers describe preliminary results or research in progress by the author(s) and are published to stimulate discussion on a broad range of issues on which the OECD works. Comments on Working Papers are welcomed, and may be sent to the Economics Department,

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“…Several authors (SLIM Report, 2002;Dainty, Ison, & Root, 2004;Tarnoki, 2002;Lill, 2004;Olsen, Tatum & Defnallet, 2012;Oseghale, Abiola−Falemu & Oseghale, 2015) attributed the shortage of skilled labour to the increasing number of aging employees, lack of sustained training and training policies, increasing number of projects, the bad public perception about construction workers and the unappealing nature of the industry to the youth who were in the majority. Bennett & McGuinness (2009), on the other hand, attributed the shortage of skilled labour to the negative image of the industry. It is considered one of the high risks and accident−prone industry.…”

Section: Skilled Labourmentioning

confidence: 99%

Skilled Labour Shortage in the Building Construction Industry Within the Central Region

Akomah

Ahinaquah

Mustapha

2020

Baltic Journal of Real Estate Economics and Construction Management

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Skilled labour shortage is the shortfall of workforce in specific trades or shortage of workforce with requisite skills. The paper seeks to identify areas where there are skilled labour shortages in the building construction industry within the Central Region. A survey research approach was employed to get the study population that consisted of project managers, site engineers, site foremen and engineers working with contactors. Questionnaires were designed based on the research specific objectives and used as the main instrument for data collection. Findings from the study revealed that the shortage of skilled manpower was from painters and decorators, electricians and tile workers. Further findings showed that skilled labour shortage was caused by socio–economic conditions, external forces, job attractiveness, job characteristics, job satisfaction, industry limitations and personal factors. Employees should be encouraged to develop their trade competences and change their attitude to work, while employers should build their manpower base through training.

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Assessing the impact of skill shortages on the productivity performance of high-tech firms in Northern Ireland

Cited by 52 publications

References 9 publications

Skills Mismatch: Concepts, Measurement and Policy Approaches

Skills Mismatch: Concepts, Measurement and Policy Approaches

Reducing skills imbalances to foster productivity growth of Malaysia

Skilled Labour Shortage in the Building Construction Industry Within the Central Region

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