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Innovation and employment: Some evidence from European sectors

Author

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  • Francesco Bogliacino

    (Universidad EAFIT and RISE Group, Medellin)

  • Marco Vivarelli

    (DISCE, Università Cattolica)

Abstract

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 previoustheoretical and empirical literature discussed in the paper. Interestingly enough, the labourfriendly nature of R&D emerges in both the flow and the stock specifications. These findings provide further justification for the European Lisbon-Barcelona targets.

Suggested Citation

  • Francesco Bogliacino & Marco Vivarelli, 2011. "Innovation and employment: Some evidence from European sectors," DISCE - Quaderni del Dipartimento di Scienze Economiche e Sociali dises1178, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
  • Handle: RePEc:ctc:serie2:dises1178
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    File URL: http://www.unicatt.it/dipartimenti/DISES/allegati/dises1178.pdf
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    References listed on IDEAS

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    1. Kristina Matuzeviciute & Mindaugas Butkus & Akvile Karaliute, 2017. "Do Technological Innovations Affect Unemployment? Some Empirical Evidence from European Countries," Economies, MDPI, vol. 5(4), pages 1-19, December.

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    More about this item

    Keywords

    Technological change; corporate R&D; employment; product innovation; GMMSYS.;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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