Employment protection and industry innovation

被引:4
|
作者
Murphy, Gavin [1 ]
Siedschlag, Iulia [2 ,3 ]
McQuinn, John [4 ]
机构
[1] Dept Finance, Govt Bldg,Upper Merrion St,D02 R583, Dublin 2, Ireland
[2] Econ & Social Res Inst, Whitaker Sq, Dublin 2, Ireland
[3] Trinity Coll Dublin, Dept Econ, Dublin 2, Ireland
[4] Cambridge Econometr, Cambridge CB1 2HT, England
关键词
RESEARCH-AND-DEVELOPMENT; LABOR-MARKET; COMPARATIVE ADVANTAGE; PRODUCTIVITY GROWTH; JOB PROTECTION; FIRM-LEVEL; COMPETITION; MODEL; PANEL; DESTRUCTION;
D O I
10.1093/icc/dtw036
中图分类号
F [经济];
学科分类号
02 ;
摘要
We examine the impact of the strictness of employment protection legislation (EPL) on innovation intensity. To this purpose, we use a panel of annual data from Organisation for Economic Co-operation and Development countries and analyze the variation of innovation intensity within country between industries. Our estimates indicate that stricter EPL led to significantly lower innovation intensity in industries with higher job layoff propensity. Our findings are robust to additional industry covariates and other labor market institutions that may affect innovation performance and industry job layoff propensity.
引用
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页码:379 / 398
页数:20
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