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Firm Employment Growth, R&D Expenditures and Exports

Author

Listed:
  • Marco Di Cintio

    (Department of Economics, Management, Mathematics and Statistics, University of Salento)

  • Sucharita Ghosh

    (Department of Economics, The University of Akron)

  • Emanuele Grassi

    (Department of Economics, Management, Mathematics and Statistics, University of Salento)

Abstract

This paper studies firms’ decisions to export and invest in R&D and their effects on employment growth and labor flows for a sample of Italian SMEs operating in the manufacturing industry. After accounting for the under-reporting of R&D in SMEs, our quantile regressions reveal that (i) R&D is associated with higher employment growth rates, higher hiring rates and lower separation rates; (ii) R&D-induced exports are negatively related to employment growth and accessions and positively related to separations; and (iii) pure exports are not a driver of employment growth and labor flows.

Suggested Citation

  • Marco Di Cintio & Sucharita Ghosh & Emanuele Grassi, 2016. "Firm Employment Growth, R&D Expenditures and Exports," Working Papers 2016.44, Fondazione Eni Enrico Mattei.
    • Handle: RePEc:fem:femwpa:2016.44
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    More about this item

    Keywords

    Exports; R&D; Firm Growth; Quantile Regression;
    All these keywords.

    JEL classification:

    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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