The effect of technological innovation on age-specific labour demand

dc.contributor.authorJafarova, Sevil
dc.contributor.authorGurzaliyeva, Ulkar
dc.contributor.authorMasso, Jaan
dc.date.accessioned2022-01-28T16:12:46Z
dc.date.available2022-01-28T16:12:46Z
dc.date.issued2021
dc.description.abstractThis 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.urihttp://hdl.handle.net/10062/76597
dc.language.isoengen
dc.relationinfo:eu-repo/grantAgreement/EC/H2020/822781///GROWINPROet
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/*
dc.subjectlabour productivityen
dc.subjectlabour churningen
dc.subjecteconomic recessionen
dc.subjecteconomic crisisen
dc.subjectEstoniaen
dc.titleThe effect of technological innovation on age-specific labour demanden
dc.typeinfo:eu-repo/semantics/articleen

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