The Job Creation Effect of R&D Expenditures
By Francesco Bogliacino, M. Vivarelli. Social Science Research Network, 2012
158 citations recorded by the source corpus.
In this study we use a unique database covering 25 manufacturing and service sectors for 16 European countries over the period 1996-2005, for a total of 2,295 observations, and apply GMM-SYS panel estimations of a demand-for-labour equation augmented with technology. We find that R&D expenditures have a job-creating effect, in accordance with the previous theoretical and empirical literature discussed in the paper. Interestingly enough, the labour-friendly nature of R&D emerges in both the flow and the stock specifications. These findings provide further justification for the European Lisbon-Barcelona targets.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/ba0559e0b02c98b0047f07c1686837bba41a32f3
How researchers see this paper
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In Economics and Econometrics
- Vincent Van Roy
- D. Vértesy
- M. Vivarelli
- M. Piva
- Alex Coad
- M. Virgillito
- Giovanni Dosi
- Fulvio Castellacci
Citations in the corpus
- Technology and employment: Mass unemployment or job creation? Empirical evidence from European patenting firms (2018, methodology): “(2012) – using a panel database covering 677 European manufacturing and service firms over 19 years (1990–2008) – found that a positive and significant employment impact of R&D expenditures is clearly detectable only in services and high-tech manufacturing but not in the more traditional manufacturi”
- Innovation, Employment and Skills in Advanced and Developing Countries: A Survey of Economic Literature (2014, unknown): “Finally, Bogliacino and Vivarelli (2011)—running GMM-SYS panel”
- Technological change and employment: is Europe ready for the challenge? (2018, unknown): “By the same token, Bogliacino and Vivarelli (2012)—running GMM-SYS panel estimations covering 25 manufacturing and service sectors for 15 European countries over the time-span 1996–2005—demonstrate that R&D expenditures have a job-creating effect, especially in high-tech industries. Finally, Bogliac”
- Innovation, Employment and Skills in Advanced and Developing Countries: A Survey of the Literature (2011, background): “Finally, Bogliacino and Vivarelli (2011)—running GMM-SYS panel estimations covering 25 manufacturing and service sectors for 15 European countries over the period 1996–2005—find that R&D expenditures—mainly fostering product innovation (see Figure 4)—show a job-creating effect.”