@techreport{Bogliacino2010creation,
abstract = {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.},
address = {Bonn},
author = {Francesco Bogliacino and Marco Vivarelli},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {O33; 330; Technological change; corporate R&D; employment; product innovation; GMM-SYS; Forschungskosten; Besch\"{a}ftigungseffekt; Innovation; Arbeitsnachfrage; Technischer Fortschritt; Lissabon Strategie; EU-Staaten},
language = {eng},
number = {4728},
publisher = {IZA},
title = {The job creation effect of R&D expenditures},
type = {IZA Discussion Papers},
url = {http://hdl.handle.net/10419/36361},
year = {2010}
}
