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The Role of Workers in Knowledge Diffusion Across Firms

Author

Listed:
  • Anders Akerman

    (University of Stavanger)

  • Kerstin Holzheu

    (ECON - Département d'économie (Sciences Po) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique, IZA - Forschungsinstitut zur Zukunft der Arbeit - Institute of Labor Economics)

Abstract

We analyze the effect of labor mobility and innovation on productivity growth. With event-study analysis based on exogenous worker deaths and shift-share international trade shocks, we show that both the extent and direction of worker mobility affect firm productivity. We develop a multi-worker-firm framework with random search and on-the-job mobility to estimate the relative contribution of mobility and R&D to growth. Estimated on a balanced growth path using Swedish microeconomic data, we find that over 70% of output growth can be attributed to worker mobility. Our results suggest that a slowdown of worker mobility can depress aggregate economic growth.

Suggested Citation

  • Anders Akerman & Kerstin Holzheu, 2024. "The Role of Workers in Knowledge Diffusion Across Firms," SciencePo Working papers Main hal-04615364, HAL.
    • Handle: RePEc:hal:spmain:hal-04615364
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-04615364v2
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