Determinants of Vacancies for Management Graduates in Indian Firms

In contrast to the vast literature on unemployment, not much is known about vacancies in developing economies such as India. We observe discernible interfirm differences in the firm recruitment behavior. We explore the determinants of vacancy in Indian firms among management graduates. Using uni-variate and bi-variate patterns, we fit a model that posits vacancy as a function of year of existence, per cent of management graduates, organization type, skill gap and off the job training. Using a probit model, we estimate chances of vacancies as a function of years of existence, percentage of management graduates, organization type, skill-gap and off the job training.