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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...
Persistent link: https://www.econbiz.de/10011613411
The present technological revolution, characterized by the pervasive and growing presence of robots, automation, Artificial Intelligence and machine learning, is going to transform societies and economic systems. However, this is not the first technological revolution humankind has been facing,...
Persistent link: https://www.econbiz.de/10012149222
The present technological revolution, characterized by the pervasive and growing presence of robots, automation, Artificial Intelligence and machine learning, is going to transform societies and economic systems. However, this is not the first technological revolution humankind has been facing,...
Persistent link: https://www.econbiz.de/10012116763
Previous empirical literature has shown that technological change can be considered the main cause of the skill bias (increase in the number of highly skilled workers) exhibited by manufacturing employment in developed countries over the last decades. However, recent papers have also introduced...
Persistent link: https://www.econbiz.de/10013319631
/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially … in the high-tech industries), and this contributes to explaining the higher productivity of US firms. Conversely, EU … firms are more likely to achieve productivity gains through capital-embodied technological change at least in medium and low …
Persistent link: https://www.econbiz.de/10011476418
The aim of this paper is to investigate the productivity impact of business visits, relative to traditional drivers of … productivity enhancement, namely capital formation and R&D. To carry out the analysis, we combine unique and novel data on business … results suggest that mobility through business visits is an effective mechanism to improve productivity. The estimated effect …
Persistent link: https://www.econbiz.de/10012108997
Visits as a productivity enhancing channel of technology transfer. Our analysis is based on a unique database on business … evidence that BVs contribute to fostering labour productivity in a significant way. While this is consistent with what found by … returns, being more crucial in those sectors characterized by less mobility and by lower productivity performances. …
Persistent link: https://www.econbiz.de/10012182755
/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially … in the high-tech industries), and this contributes to explaining the higher productivity of US firms. Conversely, EU … firms are more likely to achieve productivity gains through capital-embodied technological change at least in medium and low …
Persistent link: https://www.econbiz.de/10011863069
The aim of this paper is to investigate the productivity impact of business visits, relative to traditional drivers of … productivity enhancement, namely capital formation and R&D. To carry out the analysis, we combine unique and novel data on business … results suggest that mobility through business visits is an effective mechanism to improve productivity. The estimated effect …
Persistent link: https://www.econbiz.de/10011595161
The literature has pointed to different causes to explain the productivity gap between Europe and United States in the … last decades. This paper tests the hypothesis that the lower European productivity performance in comparison with the US …&D investment into productivity gains. The proposed microeconometric estimates are based on a unique longitudinal database covering …
Persistent link: https://www.econbiz.de/10010278355