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the U.S. economy. Our analysis shows that energy price shocks reduce consumption and stimulate energy-saving innovation …
Persistent link: https://www.econbiz.de/10015176932
The present paper estimates and decomposes the employment effect of innovation by R&D intensity levels. Our micro … destruct jobs by raising their R&D expenditures. Most of the jobs in the economy are created by innovation followers …: increasing innovation by 1% may increase employment up to 0.7%. The job creation effect of innovation reaches its peak when the R …
Persistent link: https://www.econbiz.de/10011619463
types of product and process innovation on employment growth with an outlook on the whole conditional employment growth … distribution. Results show that product innovation - especially in terms of good new to the entire market - has a positive effect … innovation appears instead to have less clear-cut dynamics, consistently with existing evidence. Among different types of process …
Persistent link: https://www.econbiz.de/10011554086
and services) model with induced innovation that can rationalize these phenomena as well as several other empirical …
Persistent link: https://www.econbiz.de/10013116469
The present paper estimates and decomposes the employment effect of innovation by R&D intensity levels. Our micro … by raising their R&D expenditures. Most of the jobs in the economy are created by innovation followers: increasing … innovation by 1% may increase employment up to 0.7%. The job creation effect of innovation reaches its peak when R&D intensity is …
Persistent link: https://www.econbiz.de/10011983796
evolution of innovation across time and space and its effect on productivity. We document a substantial rise of international … estimate the causal effect of innovation induced by international spillovers on sectoral output per worker and total factor …
Persistent link: https://www.econbiz.de/10013193741
Schumpeterian development is characterised by the simultaneous interplay of growth and qualitative transformations of the economic system. At the sectoral level, such qualitative transformations become manifest as variations in the sectoral composition of production. Following the implementation...
Persistent link: https://www.econbiz.de/10011494555
Schumpeterian development is characterised by the simultaneous interplay of growth and qualitative transformations of the economic system. At the sectoral level, such qualitative transformations become manifest as variations in the sectoral composition of production. Following the implementation...
Persistent link: https://www.econbiz.de/10011435155
Persistent link: https://www.econbiz.de/10002209124
This paper measures the impact of sectoral composition, international trade and technological progress on the rising wage gap in Germany. I find a positive effect of the increasing importance of services on the rising wage gap in Germany that is comparable to the effects of international trade...
Persistent link: https://www.econbiz.de/10010340389