Is R & D good for employment? : microeconometric evidence from the EU / Mariacristina Piva (Università Cattolica del Sacro Cuore, Piacenza), Marco Vivarelli (Università Cattolica del Sacro Cuore, Milano, UNU-MERIT and IZA) ; IZA, Institute of Labor Economics
VerfasserPiva, Mariacristina ; Vivarelli, Marco
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, February 2017
Elektronische Ressource
Umfang1 Online-Ressource (23 Seiten)
SerieDiscussion paper ; no. 10581
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Is R & D good for employment? [0.61 mb]
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Using a unique firm-level database comprising the top European R&D investors over the period 2002-2013 and running LSDVC estimates, this study finds a significant labour-friendly impact of R&D expenditures. However, this positive employment effect appears limited in magnitude and entirely due to the medium-and high-tech sectors, while no effect can be detected in the low-tech industries. From a policy point of view, this outcome is supporting the EU2020 strategy, but - taking into account that most of European economies are specialized in low-tech activities - is also worrying in terms of future perspectives of the European labour market.