Innovation and employment. A sectoral analysis in the EU

Mariacristina Piva; Marco Vivarelli

Innovation and employment. A sectoral analysis in the EU

Research output: Chapter in Book/Report/Conference proceeding › Chapter

Abstract

The aim of this chapter is twofold. On the one hand, the economic insights on the employment impact of technological change are discussed considering both theories and empirical studies. On the other hand, an empirical test is provided: longitudinal data – covering manufacturing and service industries over the 1998-2011 period in 11 European countries – are used to run GMMSYS estimates. Two are the main results: 1) a significant labor-friendly impact of R&D expenditures (related to product innovation) is found; 2) capital formation turns out to be negatively related to employment; this outcome suggests a possible labor-saving effect due to the embodied technological change incorporated in gross investment (related to process innovation).

Original language	English
Title of host publication	Essays in Honor of Luigi Campiglio
Editors	M. Baussola, C. Bellavite Pellegrini, M. Vivarelli
Pages	105-117
Number of pages	13
Publication status	Published - 2018

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 9 Industry, Innovation, and Infrastructure

Keywords

Employees
Technological change

Cite this

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title = "Innovation and employment. A sectoral analysis in the EU",

abstract = "The aim of this chapter is twofold. On the one hand, the economic insights on the employment impact of technological change are discussed considering both theories and empirical studies. On the other hand, an empirical test is provided: longitudinal data – covering manufacturing and service industries over the 1998-2011 period in 11 European countries – are used to run GMMSYS estimates. Two are the main results: 1) a significant labor-friendly impact of R\&D expenditures (related to product innovation) is found; 2) capital formation turns out to be negatively related to employment; this outcome suggests a possible labor-saving effect due to the embodied technological change incorporated in gross investment (related to process innovation).",

keywords = "Employees, Technological change, Employees, Technological change",

author = "Mariacristina Piva and Marco Vivarelli",

year = "2018",

language = "English",

isbn = "978-88-343-3562-8",

pages = "105--117",

editor = "M. Baussola and \{Bellavite Pellegrini\}, C. and M. Vivarelli",

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T1 - Innovation and employment. A sectoral analysis in the EU

AU - Piva, Mariacristina

AU - Vivarelli, Marco

PY - 2018

Y1 - 2018

N2 - The aim of this chapter is twofold. On the one hand, the economic insights on the employment impact of technological change are discussed considering both theories and empirical studies. On the other hand, an empirical test is provided: longitudinal data – covering manufacturing and service industries over the 1998-2011 period in 11 European countries – are used to run GMMSYS estimates. Two are the main results: 1) a significant labor-friendly impact of R&D expenditures (related to product innovation) is found; 2) capital formation turns out to be negatively related to employment; this outcome suggests a possible labor-saving effect due to the embodied technological change incorporated in gross investment (related to process innovation).

AB - The aim of this chapter is twofold. On the one hand, the economic insights on the employment impact of technological change are discussed considering both theories and empirical studies. On the other hand, an empirical test is provided: longitudinal data – covering manufacturing and service industries over the 1998-2011 period in 11 European countries – are used to run GMMSYS estimates. Two are the main results: 1) a significant labor-friendly impact of R&D expenditures (related to product innovation) is found; 2) capital formation turns out to be negatively related to employment; this outcome suggests a possible labor-saving effect due to the embodied technological change incorporated in gross investment (related to process innovation).

KW - Employees

KW - Technological change

KW - Employees

KW - Technological change

UR - http://hdl.handle.net/10807/122488

M3 - Chapter

SN - 978-88-343-3562-8

SP - 105

EP - 117

BT - Essays in Honor of Luigi Campiglio

A2 - Baussola, M.

A2 - Bellavite Pellegrini, C.

A2 - Vivarelli, M.

ER -

Innovation and employment. A sectoral analysis in the EU

Abstract

UN SDGs

Keywords

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