The Impact of Highly-skilled ICT Labour on Firm Performance: Empirical Evidence from Six European Countries
Eva Hagsten () and
Anna Sabadash ()
Additional contact information
Eva Hagsten: Statistics Sweden
Anna Sabadash: European Commission Eurostat
No 2014-02, JRC Working Papers on Digital Economy from Joint Research Centre
Abstract:
While unemployment in the EU is above 10%, the job vacancy rate also remains high around 1.5%. This suggests considerable unmet demand for skills, which is in the focus of the EU employment promotion policies. This paper studies the special role that schooled ICT experts in firms - an intangible input often neglected and difficult to measure play for productivity. The effects are investigated both in isolation and in conjunction with the impact of ICT maturity on microdata in six European countries (UK, France, Sweden, Norway, Denmark and Finland) for the period 2001-2009. We find that increases in the proportion of ICT-intensive human capital boosts productivity. This seems to confirm the case in favour of recruitment of highly skilled ICT employees. However, the gains vary across countries and industries, suggesting that the channels through which the effects operate are narrower for ICT-intensive human capital than for skilled human capital in general. Our findings provide an important message to the EU employment policy debate that currently revolves around the skill mismatch in general and the unmet demand for ICT skills in particular.
Keywords: Employment; productivity; ICT skills (search for similar items in EconPapers)
JEL-codes: J24 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2014-10
New Economics Papers: this item is included in nep-cse, nep-eff, nep-eur and nep-ict
References: Add references at CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
https://joint-research-centre.ec.europa.eu/reports ... nce-six-countries_en
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ipt:decwpa:2014-02
Access Statistics for this paper
More papers in JRC Working Papers on Digital Economy from Joint Research Centre Contact information at EDIRC.
Bibliographic data for series maintained by Publication Officer ().