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variation in regional unemployment and in the development of employment is puzzling. Our explanation of this regional variation … of unemployment builds on the regional industry composition and technological progress. It is shown formally that under … leads to an expansion of employment if product demand is elastic. It is accompanied, however, by shrinkage of employment if …
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this variation of unemployment building on the regional industry composition and technological progress. It is shown …: Technological progress leads to an expansion of employment if product demand is elastic. It is accompanied, however, by shrinkage of … employment if product demand is inelastic. A transition from the elastic into the inelastic range of the demand function for the …
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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 …
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