Erschienen in:Bielefeld Working Papers in Economics and Management ; No. 02-2020
Umfang:
1 Online-Ressource (43 p)
Sprache:
Englisch
DOI:
10.2139/ssrn.3586254
Identifikator:
Entstehung:
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 22, 2020 erstellt
Beschreibung:
In this study we compare the evolution of labour productivity across the majority of EU member countries over the span of 1995-2016. Productivity growth combined with cross-sectoral employment shifts from manufacturing industries towards the service sectors can be observed in all countries. A shift-share analysis suggests that throughout this period most of the labour productivity growth was due to productiity gains within sectors. Labour movements between sectors, on the other hand, had small and often negative impact on lobour productivity growth, especially in older EU member countries. Furthermore, the role of sectoral R&D, as one channel affecting productivity and employment is examined. We find considerable heterogeneity across sectors of the correlation between R&D expenditure and employment, but several patterns can be identified. Employment in high-tech sectors both in manufacturing and service exhibits a positive, significant correlation with R&D expenditure, while for low- and medium-tech manufacturing results are predominantly negative but sensitive to dividing the sample into subgroups of countries. There is no significant correlation between R&D expenditure and employment in low-tech service sectors