The effect of technological innovation on age-specific labour demand
| dc.contributor.author | Jafarova, Sevil | |
| dc.contributor.author | Gurzaliyeva, Ulkar | |
| dc.contributor.author | Masso, Jaan | |
| dc.date.accessioned | 2022-01-28T16:12:46Z | |
| dc.date.available | 2022-01-28T16:12:46Z | |
| dc.date.issued | 2021 | |
| dc.description.abstract | This research examines the relationship between technological innovation and age-specific labour demand at firm level. The research supports the hypothesis of age-biased technological innovation. A combined panel data set of Estonian firms is used in the study that merges three different data sets – Community Innovation Survey, Business Registry data, Estonian Tax and Customs Office data – consisting of 5,785 unique firms over the period of 2006–2016. This paper uses a constant elasticity of substitution production function to derive a labour demand equation for perfectly competitive firms and the System GMM approach to analyse a panel data set. The results are in accordance with the theoretical expectations that there is a significant positive impact of technological innovation on total employment at firm level and a negative relationship between innovation and the employment of older employees. However, the latter finding is the case only in low-tech firms. Moreover, adding organizational innovation to our estimation equations increased the coefficients of product innovation slightly; however, all estimations show that both product and process innovations do not have an age-specific impact on labour demand in the long run. | en |
| dc.identifier.uri | http://hdl.handle.net/10062/76597 | |
| dc.language.iso | eng | en |
| dc.relation | info:eu-repo/grantAgreement/EC/H2020/822781///GROWINPRO | et |
| dc.rights | info:eu-repo/semantics/openAccess | en |
| dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 International | * |
| dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/ | * |
| dc.subject | labour productivity | en |
| dc.subject | labour churning | en |
| dc.subject | economic recession | en |
| dc.subject | economic crisis | en |
| dc.subject | Estonia | en |
| dc.title | The effect of technological innovation on age-specific labour demand | en |
| dc.type | info:eu-repo/semantics/article | en |
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