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This paper explores the employment impact of innovation activity, taking into account both R&D expenditures and embodied technological change (ETC). We use a novel panel dataset covering 265 innovative Italian firms over the period 1998-2010. The main outcome from the proposed fixed effect...
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examines the implications for firm productivity of adverse shocks to bank lending in Italy, using a novel identification scheme …The Italian economy has been struggling with low productivity growth and bank balance sheet strains. This paper …-to-labor ratio, and productivity. The transmission from changes in credit supply to firm productivity relates to labor market …
Persistent link: https://www.econbiz.de/10012956377
examines the implications for firm productivity of adverse shocks to bank lending in Italy, using a novel identification scheme …The Italian economy has been struggling with low productivity growth and bank balance sheet strains. This paper …-to-labor ratio, and productivity. The transmission from changes in credit supply to firm productivity relates to labor market …
Persistent link: https://www.econbiz.de/10011671123
Since the industrial revolution, technological innovations have enabled rise in productivity, employment, standard of … living and the tota l population several times. In the last 15 years productivity growth ha s slowed-down in the most of … expected to trigge r a slight acceleration in productivity, while explosive growth i n productivity, as predicted by some th …
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