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Type of publication: Article in Clarivate Web of Science (S1);Straipsnis Clarivate Web of Science (S1)
Field of Science: Economics (S004);Ekonomika (S004)
Author(s): Karaliūtė, Akvilė;Butkus, Mindaugas;Matuzevičiūtė, Kristina
Title: Do technological innovations affect unemployment? Some empirical evidence from European countries
Is part of: Economies. Basel : MDPI, 2017, Vol. 5, iss. 4
Extent: p. 1-19
Date: 2017
Note: no. 48
Keywords: Triadic patent families;Unemployment;Technological innovations
Abstract: This paper analyses theoretical and empirical scientific literature about the impact of technological innovations on unemployment, considering the former as a key driver of long-term productivity and economic growth. Using panel data from 25 European countries for the period of 2000–2012, we aim to examine whether technological innovations affect unemployment. We used triadic patent families per million inhabitants as our main proxy for technological innovations, as well as other unemployment controls, in our model, which were estimated using System Generalized Method of Moments (SGMM). Finding no significant relationship between technological innovations and unemployment in our base estimation, we re-estimated it testing the impact with a time lag as well as using alternative proxies for technological innovations. Overall, the research estimations do not suggest that technological innovations have an effect on unemployment
Affiliation(s): Ekonomikos ir vadybos fakultetas
Vytauto Didžiojo universitetas
Šiaulių universitetas
Appears in Collections:1. Straipsniai / Articles
Universiteto mokslo publikacijos / University Research Publications

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