Meghir, Costas, Ryan, Annette and Van Reenen, John 
ORCID: 0000-0001-9153-2907
(1996)
Job creation, technological innovation and adjustment costs.
Annales d'economie et de Statistique, 41/42.
pp. 255-274.
ISSN 0769-489X
Abstract
This paper examines the impact of technological change on net job creation. Innovation (by a company or its rivals) can affect many dimensions of a firm’s employment decision and we distinguish between three: changes due to higher output, changes due to shifting factor intensities and changes in the adjustment costs of firms. The parameter estimates from a strucural labour demand model suggest that firms with a higher stock of innovations face lower adjustment costs than less technologically progressive firms. There is no significant capital deepening effect from innovation, nor spillover effects on employment from innovations elsewhere in the firm’s industry.
| Item Type: | Article |
|---|---|
| Official URL: | http://annales.ensae.fr/ |
| Additional Information: | © 1996 ADRES |
| Divisions: | Economics Centre for Economic Performance |
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor T Technology > T Technology (General) |
| JEL classification: | O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O33 - Technological Change: Choices and Consequences; Diffusion Processes |
| Date Deposited: | 27 Apr 2007 |
| Last Modified: | 01 Nov 2024 05:12 |
| URI: | http://eprints.lse.ac.uk/id/eprint/1175 |
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