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Firm Employment Growth, R&D Expenditures and Exports

Marco Di Cintio, Sucharita Ghosh and Emanuele Grassi
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Sucharita Ghosh: Department of Economics, The University of Akron

No 2016.44, Working Papers from Fondazione Eni Enrico Mattei

Abstract: This paper studies firms’ decisions to export and invest in R&D and their effects on employment growth and labor flows for a sample of Italian SMEs operating in the manufacturing industry. After accounting for the under-reporting of R&D in SMEs, our quantile regressions reveal that (i) R&D is associated with higher employment growth rates, higher hiring rates and lower separation rates; (ii) R&D-induced exports are negatively related to employment growth and accessions and positively related to separations; and (iii) pure exports are not a driver of employment growth and labor flows.

Keywords: Exports; R&D; Firm Growth; Quantile Regression (search for similar items in EconPapers)
JEL-codes: F14 J63 M51 O31 (search for similar items in EconPapers)
Date: 2016-06
New Economics Papers: this item is included in nep-acc, nep-cse, nep-ino and nep-int
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