cycle. The more mature an industry is the less elastic is demand. Technical progress has two opposing effects on employment … are regions in which even during the crisis virtual full employment prevails (e.g. Munich Area) and others which face a … on structural change and technical progress. The price elasticity of demand changes across the industry/product life …

The shift of employment from lower to higher productive firms is an important driver for structural change and industry …' effects in the literature, by employment losses from process and organisational innovation and by general productivity … dynamics. We investigate this reallocation in terms of employment gains and losses from innovation. New employment created by …