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Localized Technological Change and Efficiency Wages across European Regional Labour Markets

Author

Listed:
  • Cristiano Antonelli

    (UNITO - Università degli studi di Torino = University of Turin)

  • Francesco Quatraro

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur)

Abstract

Localized technological change and efficiency wages across European regional labour markets, Regional Studies. Internal labour markets and industrial relations in Continental Europe are characterized by substantial rigidity of employed labour engendered by the tight conditions of regional labour markets. This rigidity affects both the rate and the direction of technological change. The increase of wages induces the localized introduction of biased technological change with clear effects on productivity levels. The empirical evidence across a sample of European regions confirms the significant role of the changes in wages both on the increase of the output elasticity of labour and on multifactor productivity.

Suggested Citation

  • Cristiano Antonelli & Francesco Quatraro, 2013. "Localized Technological Change and Efficiency Wages across European Regional Labour Markets," Post-Print halshs-00727608, HAL.
    • Handle: RePEc:hal:journl:halshs-00727608
    DOI: 10.1080/00343404.2012.690068
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00727608
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    Cited by:

    1. Feder, Christof, 2014. "Biased Technological Change: A contribution to the debate," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201404, University of Turin.
    2. Antonelli, Cristiano & Feder, Christophe & Quatraro, Francesco, 2018. "Directed Technological Change and Technological Congruence: A New Framework for the Smart Specialization Strategy," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201805, University of Turin.
    3. Cristiano Antonelli & Francesco Quatraro, 2014. "The effects of biased technological changes on total factor productivity: a rejoinder and new empirical evidence," The Journal of Technology Transfer, Springer, vol. 39(2), pages 281-299, April.

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    More about this item

    Keywords

    Induced approaches; Localized technological change; Efficiency wages; Multifactor productivity growth; Regional labour markets;
    All these keywords.

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