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The Effect of the Euro Competition Over Innovation Decisions and Labor Productivity

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  • TESTA, Giuseppina

    (CELPE - Centre of Labour Economics and Economic Policy, University of Salerno - Italy)

Abstract

The growing competition from the euro, the Eastern enlargement, and the BRIC nations has attracted increasing attention by governments in Europe like in Italy. In this paper we have investigated the effects that such scenario has on innovation decision of Italian manufacturing firms. Using data from UniCredit Surveys conducted in Italy over the period 1995-2006 we explore the influence of the euro competition on innovation decisions controlling for a set of variables, ranging from export behaviour, family management and size. We find the euro competition to significantly affect innovation decisions. Such effects are different for high-tech firms and low-tech firms and for family-managed and non-family-managed firms.

Suggested Citation

  • TESTA, Giuseppina, 2015. "The Effect of the Euro Competition Over Innovation Decisions and Labor Productivity," CELPE Discussion Papers 135, CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy.
    • Handle: RePEc:sal:celpdp:0135
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    References listed on IDEAS

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    More about this item

    Keywords

    Euro; Innovation; Italian manufacturing;
    All these keywords.

    JEL classification:

    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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