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The aim of this paper is to test the employment effect of business R&D expenditures, using a unique longitudinal … traditional manufacturing sectors. This means that we should not expect positive employment effects from increasing R&D in the … majority of industrial sectors. This evidence should be kept in mind by European innovation policy makers having employment as …
Persistent link: https://www.econbiz.de/10009323606
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...
Persistent link: https://www.econbiz.de/10008805656