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The aim of this paper is twofold. On the one hand, the economic insights on the employment impact of technological … labor-friendly impact of R&D expenditures (mainly related to product innovation) is found; yet, this positive employment …) capital formation is found to be negatively related to employment; this outcome suggests a possible labor-saving effect due to …
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expansion of employment. The paper contributes to the literature in two ways. First, it attempts to provide a comprehensive …
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