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http://hdl.handle.net/2445/116910| Title: | The job creation effect of R&D expenditures |
| Author: | Bogliacino, Francesco Vivarelli, Marco |
| Keywords: | Recerca industrial Gestió de la innovació Ocupació Indústria manufacturera Industrial research Innovation management Employment (Economic theory) Manufacturing industries |
| Issue Date: | 2010 |
| Publisher: | Institut d’Economia de Barcelona |
| Series/Report no: | [WP E-IEB10/55] |
| Abstract: | In this study we use a unique database covering 25 manufacturing and service sectors for 16 European countries over the period 1996-2005, for a total of 2,295 observations, and apply GMM-SYS panel estimations of a demand-for-labour equation augmented with technology. We find that R&D expenditures have a job-creating effect, in accordance with the previous theoretical and empirical literature discussed in the paper. Interestingly enough, the labour-friendly nature of R&D emerges in both the flow and the stock specifications. These findings provide further justification for the European Lisbon-Barcelona targets. |
| Note: | Reproducció del document publicat a: http://www.ieb.ub.edu/2012022157/ieb/ultimes-publicacions |
| It is part of: | IEB Working Paper 2010/55 |
| URI: | http://hdl.handle.net/2445/116910 |
| Appears in Collections: | IEB (Institut d’Economia de Barcelona) – Working Papers |
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| File | Description | Size | Format | |
|---|---|---|---|---|
| IEB10-55_Bogliacino.pdf | 486.69 kB | Adobe PDF | View/Open |
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