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IEB10-55_Bogliacino.pdf (486.69 KB)

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Working paper

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2010

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cc-by-nc-nd, (c) Bogliacino et al., 2010
Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/116910

The job creation effect of R&D expenditures

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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.

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Recerca industrial, Gestió de la innovació, Ocupació, Indústria manufacturera

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Industrial research, Innovation management, Employment (Economic theory), Manufacturing industries

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IEB (Institut d’Economia de Barcelona) – Working Papers

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BOGLIACINO, Francesco and VIVARELLI, Marco. The job creation effect of R&D expenditures. IEB Working Paper 2010/55. [consulted: 18 of October of 2026]. Available at: https://hdl.handle.net/2445/116910

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