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Localized Technological Change and Efficiency Wages across European Regional Labour Markets

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  • Cristiano Antonelli
  • Francesco Quatraro

Abstract

Antonelli C. and Quatraro F. Localized technological change and efficiency wages across European regional labour markets, Regional Studies . Internal labour markets and industrial relations in Continental Europe are characterized by substantial rigidity of employed labour engendered by the tight conditions of regional labour markets. This rigidity affects both the rate and the direction of technological change. The increase of wages induces the localized introduction of biased technological change with clear effects on productivity levels. The empirical evidence across a sample of European regions confirms the significant role of the changes in wages both on the increase of the output elasticity of labour and on multifactor productivity.

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  • Cristiano Antonelli & Francesco Quatraro, 2013. "Localized Technological Change and Efficiency Wages across European Regional Labour Markets," Regional Studies, Taylor & Francis Journals, vol. 47(10), pages 1686-1700, November.
    • Handle: RePEc:taf:regstd:v:47:y:2013:i:10:p:1686-1700
    DOI: 10.1080/00343404.2012.690068
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    Cited by:

    1. Feder, Christof, 2014. "Biased Technological Change: A contribution to the debate," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201404, University of Turin.
    2. Antonelli, Cristiano & Feder, Christophe & Quatraro, Francesco, 2018. "Directed Technological Change and Technological Congruence: A New Framework for the Smart Specialization Strategy," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201805, University of Turin.
    3. Cristiano Antonelli & Francesco Quatraro, 2014. "The effects of biased technological changes on total factor productivity: a rejoinder and new empirical evidence," The Journal of Technology Transfer, Springer, vol. 39(2), pages 281-299, April.

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