Technological change and employment: were Ricardo and Marx right?

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Author: Piva, Mariacristina; Vivarelli, Marco


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, longitudinal data - covering manufacturing and service sectors over the 1998-2011 period for 11 European countries - are used to run [generalized method of moments] GMM-SYS and [least square dummy variable] LSDVC estimates. Two are the main results: (1) a significant labour-friendly impact of R&D...  [+] Show more

Subjects: Statistics; Technology; Employment; Innovation; Industry

Keywords: Technological change; Employment pattern; Employment opportunity; Unemployment; Workplace change; History; Statistical analysis; European Union

Geographic subjects: Europe

Published: Bonn, Germany: IZA, 2017

Physical description: 34 p.

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Series: IZA discussion paper; no. 10471

Resource type: Discussion paper

Call number: TD/TNC 127.623

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