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R&D, Embodied Technological Change and Employment: Evidence from Spain

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  • Pellegrino, Gabriele
  • Piva, Mariacristina
  • Vivarelli, Marco

Abstract

In this work, we test the employment impact of distinct types of innovative investments using a representative sample of Spanish manufacturing firms over the period 2002-2013. Our GMM-SYS estimates generate various results, which are partially in contrast with the extant literature. Indeed, estimations carried out on the entire sample do not provide statistically significant evidence of the expected labor-friendly nature of innovation. More in detail, neither R&D nor investment in innovative machineries and equipment (the so-called embodied technological change, ETC) turn out to have any significant employment effect. However, the job-creation impact of R&D expenditures becomes highly significant when the focus is limited to the high-tech firms. On the other hand - and interestingly - ETC exhibits its labor-saving nature when SMEs are singled out.

Suggested Citation

  • Pellegrino, Gabriele & Piva, Mariacristina & Vivarelli, Marco, 2018. "R&D, Embodied Technological Change and Employment: Evidence from Spain," GLO Discussion Paper Series 214, Global Labor Organization (GLO).
  • Handle: RePEc:zbw:glodps:214
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    References listed on IDEAS

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    Cited by:

    1. repec:gam:jsusta:v:10:y:2018:i:4:p:1279-:d:142412 is not listed on IDEAS
    2. Mariacristina Piva & Marco Vivarelli, 2018. "Is Innovation Destroying Jobs? Firm-Level Evidence from the EU," Sustainability, MDPI, Open Access Journal, vol. 10(4), pages 1-16, April.
    3. repec:gam:jsusta:v:10:y:2018:i:2:p:463-:d:131183 is not listed on IDEAS
    4. repec:gam:jsusta:v:10:y:2018:i:10:p:3541-:d:173358 is not listed on IDEAS

    More about this item

    Keywords

    Innovation; R&D; Embodied Technological Change; Employment; GMM-SYS;

    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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