Konferenzbeitrag

Employment Effects of Innovations over the Business Cycle: Firm-Level Evidence from European Countries

We investigate employment effects of innovations over the business cycle using data of manufacturing firms from 26 EU countries for the period 1998-2010. Using a structural model, our empirical analysis reveals three important findings: 1) The net effect of product innovation on employment growth is pro-cyclical. It is positive in all BC phases except for the recession. 2) Product innovators are more resilient to recessions than non-product innovators. 3) We only find resilience for SMEs.

Language
Englisch

Bibliographic citation
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Organization and Firms I ; No. A12-V3

Classification
Wirtschaft
Technological Change: Choices and Consequences; Diffusion Processes
Labor Demand
Single Equation Models: Single Variables: Instrumental Variables (IV) Estimation

Event
Geistige Schöpfung
(who)
Peters, Bettina
Hud, Martin
Dachs, Bernhard
Köhler, Christian
Event
Veröffentlichung
(who)
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
(where)
Kiel, Hamburg
(when)
2017

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Peters, Bettina
  • Hud, Martin
  • Dachs, Bernhard
  • Köhler, Christian
  • ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft

Time of origin

  • 2017

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