The Fourth Industrial Revolution, Technological Innovation and Firm Wages: Firm-level Evidence from OECD Economies

Liu Shi, Shaomeng Li and Xiaolan Fu

Revue d'économie industrielle, 2020, vol. n° 169, issue 1, 89-125

Abstract: This paper investigates the impact of technological innovation associated with the Fourth Industrial Revolution (4IR) on firm wage levels using longitudinal firm-patent data for 27 OECD countries. The study finds that 4IR technological innovations raise firm wage levels, and this wage-boosting effect is stronger than that generated by non-4IR innovations. We also find evidence that the wage-boosting effect only appears amongst firms in high technology sectors and firms innovating in core technologies. JEL classification: O31, O33.

Keywords: innovation; employment; patents; Fourth Industrial Revolution (search for similar items in EconPapers)
JEL-codes: O31 O33 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=REI_169_0089 (application/pdf)
http://www.cairn.info/revue-d-economie-industrielle-2020-1-page-89.htm (text/html)
free

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:cai:reidbu:rei_169_0089

Access Statistics for this article

More articles in Revue d'économie industrielle from De Boeck Université
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().