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There is a dearth of research on the impact of technological change over employment in least developed countries (LDCs) embarking on globalization and consequent international technological transfer. Using a panel of 1,940 Ethiopian firms over the period 1996–2004 and deploying GMMSYS...
Persistent link: https://www.econbiz.de/10011608918
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 labourfriendly impact of R&D expenditures. However, this positive employment effect appears limited in magnitude and entirely due to...
Persistent link: https://www.econbiz.de/10011608920
According to Gibrat's Law of Proportionate Effect, the growth rate of a given firm is independent of its size at the beginning of the examined period. This paper investigates whether Gibrat's Law holds for new entrants in a given industry: that is for new small firms in the early stage of their...
Persistent link: https://www.econbiz.de/10011651255
Public subsidies in support of new firm foundation are among the most frequently used instruments of industrial policy in the Euro zone. This paper analyses their effectiveness and efficiency vis-à-vis some features of the overall process of industry dynamics in Italian manufacturing. To this...
Persistent link: https://www.econbiz.de/10011651272
This paper analyses the impact of subsidies to promote Italian joint ventures (JVs) with firms in LDC and transition economies. The empirical analysis is carried out on a unique dataset of 172 JVs interviewed during 1998 by means of a closed-answer qualitative-quantitative questionnaire. The...
Persistent link: https://www.econbiz.de/10011651280
According to Gibrat's Law of Proportionate Effect, the growth rate of a given firm is independent of its size at the beginning of the period examined. In contrast to the previous literature on the subject, this paper seeks to test the Law by taking account of both the entry process and the role...
Persistent link: https://www.econbiz.de/10011651372
Previous empirical literature has shown that technological change can be considered the main cause of the skill bias (increase in the number of high 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/10011651380
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 visits sourced from the U.S. National...
Persistent link: https://www.econbiz.de/10011653149
The aim of this paper is twofold. On the one hand, the economic insights about the employment impact of technological change are disentangled starting from the classical economists to nowadays theoretical and empirical analyses. On the other hand, an empirical test is provided; in particular,...
Persistent link: https://www.econbiz.de/10011653199
In this work, we test the employment impact of distinct types of innovative investments using a representative sample of Spanish manufacturing firms over the period 2002-2013. Our GMM-SYS estimates generate various results, which are partially in contrast with the extant literature. Indeed,...
Persistent link: https://www.econbiz.de/10011653268