 Employment Growth in Europe:The Roles of Innovation, Local Job Multipliers and InstitutionsM. Goos, Jozef Konings and Marieke Vanderweyer No 15-10, Working Papers from Utrecht School of Economics Abstract: This paper shows that high-tech employment – broadly defined as all workers in high-tech sectors but also workers with STEM degrees in low-tech sectors- has increased in Europe over the past decade. Moreover, we estimate that every high-tech job in a region creates five additional low-tech jobs in that region because of the existence of a local high-tech job multiplier. The paper also shows how the presence of a local high-tech job multiplier results in convergence is happening at a glacial pace, and some suggestive evidence is presented that lifting several institutional barriers to innovation in Europe’s lagging regions would speed up convergence leading to faster high-tech as well as overall employment while also addressing Europe’s regional inequalities. Date: 2015 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:use:tkiwps:1510 Ordering information: This working paper can be ordered from Access Statistics for this paper More papers in Working Papers from Utrecht School of Economics Contact information at EDIRC. |
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