Is Innovation Destroying Jobs? Firm-Level Evidence from the EU
Mariacristina Piva () and
Marco Vivarelli ()
Sustainability, 2018, vol. 10, issue 4, 1-16
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 labor-friendly 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 supports the EU2020 strategy but—taking into account that most European economies are specialized in low-tech activities—is also worrying in terms of future perspectives of the European labor market.
Keywords: R&D; innovation; employment; firm-level analysis; EU (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
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Working Paper: Is innovation destroying jobs? Firm-level evidence from the EU (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:10:y:2018:i:4:p:1279-:d:142412
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