R&D, Embodied Technological Change and Employment: Evidence from Spain

Arbeitspapier

In this work, we test the employment impact of distinct types of innovative investments using a representative sample of Spanish manufacturing firms over the period 2002-2013. Our GMM-SYS estimates generate various results, which are partially in contrast with the extant literature. Indeed, estimations carried out on the entire sample do not provide statistically significant evidence of the expected labor-friendly nature of innovation. More in detail, neither R&D nor investment in innovative machineries and equipment (the so-called embodied technological change, ETC) turn out to have any significant employment effect. However, the job-creation impact of R&D expenditures becomes highly significant when the focus is limited to the high-tech firms. On the other hand - and interestingly - ETC exhibits its labor-saving nature when SMEs are singled out.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: GLO Discussion Paper ; No. 214

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Technological Change: Choices and Consequences; Diffusion Processes
• Thema: Innovation ; R&D ; Embodied Technological Change ; Employment ; GMM-SYS

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Pellegrino, Gabriele ; Piva, Mariacristina ; Vivarelli, Marco
• Ereignis: Veröffentlichung
• (wer): Global Labor Organization (GLO)
• (wo): Maastricht
• (wann): 2018

Weitere Informationen

• Handle: http://hdl.handle.net/10419/179522
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ