Is R&D Good for Employment? Microeconometric Evidence from the EU
Is R&D Good for Employment? Microeconometric Evidence from the EU
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发表时间:
2017
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通讯作者:
M. Vivarelli
中科院分区:
文献类型:
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作者:
M. Piva;M. Vivarelli
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.