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R&D Expenditures and Employment: Evidence from Europe

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  • Piva, Mariacristina
  • Vivarelli, Marco

Abstract

Using a unique firm-level database comprising the top European R&D investors over the period 2002-2013 and running LSDVC estimates, this study finds a significant labourfriendly impact of R&D expenditures. However, this positive employment effect appears limited in magnitude and entirely due to the medium-and high-tech sectors, while no effect can be detected in the low-tech industries. From a policy point of view, this outcome is supporting the EU2020 strategy, but - taking into account that most of European economies are specialized in low-tech activities - is also worrying in terms of future perspectives of the European labour market.

Suggested Citation

  • Piva, Mariacristina & Vivarelli, Marco, 2017. "R&D Expenditures and Employment: Evidence from Europe," GLO Discussion Paper Series 18, Global Labor Organization (GLO).
    • Handle: RePEc:zbw:glodps:18
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    References listed on IDEAS

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    More about this item

    Keywords

    R&D; innovation; employment; firm-level analysis; EU;
    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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