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Local High-Tech Job Multipliers in Europe

Maarten Goos, Jozef Konings and Marieke Vandeweyer ()

No 12868, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Examining employment growth in local labor markets across Europe, this paper finds that each worker in a high-skilled occupation creates up to five extra jobs in less-skilled intensive services in the same region. However, it is also shown that there exist persistent differences in the size of this local high-tech job multiplier across regions. In particular, we find that the multiplier is larger in regions with high immigration, an abundance of less-skilled workers, and lower gross output per capita. At the country level we also show that this results in local high-tech job multipliers that are larger in Southern European countries than in the rest of Europe.

Keywords: high-tech jobs; local job multiplier; regional growth (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eur and nep-ure
Date: 2018-04
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