Arbeitspapier
The job creation effect of R&D expenditures
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.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 4728
- Klassifikation
-
Wirtschaft
Technological Change: Choices and Consequences; Diffusion Processes
- Thema
-
Technological change
corporate R&D
employment
product innovation
GMM-SYS
Forschungskosten
Beschäftigungseffekt
Innovation
Arbeitsnachfrage
Technischer Fortschritt
Lissabon Strategie
EU-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bogliacino, Francesco
Vivarelli, Marco
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Bogliacino, Francesco
- Vivarelli, Marco
- Institute for the Study of Labor (IZA)
Entstanden
- 2010