THE UNEMPLOYMENT RATE AND INNOVATIVE ACTIVITY: A CROSS-COUNTRY ANALYSIS

Maria Helena Majewska, Magdalena Rawińska

Abstract


The aim of this study was to analyze how the relation between unemployment and innovation activity can affect the productivity of the economy through its impact on the export structure. The results of research carried out on a group of 69 countries in the years 1996-2016 indicate that the nature of the relationship between the unemployment rate and innovation activity may affect both positive and negative changes in the technological sophistication production structure and thus exports. In our study also occurs a two-way relationship between the increase in expenditure on R&D activity and the decline in the unemployment rate. This means that the decrease in the unemployment rate may impact the growth of innovation activity, which in turn generates a further decline in the unemployment rate. In line with expectations, this is more typical for higher-income countries, already possessing a sufficiently developed economic structure and a well-functioning labor market.

Keywords


unemployment rate, innovation activity, export structure

Full Text:

PDF

References


Aguilera, A., & Ramos Barbera, M. G. (2016). Technological Unemployment: an approximation to the Latin American Case. Ad-minister 29, 59-78.

Bacchetta, M., Ernst, E., & Bustamante, J. P. (2009). Globalization and Informal Jobs in Developing Countries. Geneva: ILO.

Baffoe-Bonnie, J., & Gyapong, O. A. (2012). The Dynamic Implications for Wage Changes on Productivity, Prices, and Employment in Developing Economy: A Structural VAR Analysis. The Journal of Developing Areas 46 (2), 397-417.

Davenport T. H., & Kirby J. (2015). Beyond Automation. Strategies for remaining gainfully employed in an era of very smart machines, Harvard Business Review 93(6), 58-65.

Dunning, J. H., Kim, C.-S., & Lin, J.-D. (2001). Incorporating Trade into the Invest-ment Development Path: A Case Study of Korea and Taiwan. Oxford Development Studies 29(2), 145-154.

Ferencikova, Sr. S., & Ferencikova Jr. S. (2012). Outward Investment Flows and the Development Path. The Case of Slovakia. Eastern European Economics 50(2), 85-111.

International Labour Organization (2013). Measuring Informality: A Statistical Manual on the Informal Sector and Informal Employment, Geneva: ILO.

International Labour Organization (2018). World Employment Social Outlook, Trends 2018. Geneva: ILO.

Jantoń-Drozdowska, E., & Majewska, M. (2013). Deepening of Specialization in International Trade as a Determinant of the Country’s Economic Development. Transformations in Business & Economics, 12 (2B/29b), 281-292.

Jantoń-Drozdowska, E., & Majewska, M. (2016). Investment Attractiveness of Central and Eastern European Countries in the Light of New Locational Advantages Development. Equilibrium. Quarterly Journal of Economics and Economic Policy, 11(1), 97-119.

Jung, J., & Mercenier, J. (2014). Routinization-Biased Technical Change and Globalization: Understanding Labor Market Polarization, Economic Enquiry 52(4), 1446-1465.

Kin D.-H., & Lin, S.-C. (2009). Trade and Growth at Different Stages of Economic Development. Journal of Development Studies 45 (8), 1211–1224.

Lis A., &, Majewska, M. (2016). Technology transfer centers as an instrument for the develop-ment of technological capabilities, In, 21st International Scientific Conference: Smart and Efficient Economy: Preparation for the Future Innovative Economy (pp. 564-572). Proceeding of Selected Paper. Brno, University of Technology (indexed in Web of Science).

Majewska M., & Buszkowska E. (2014). The Changes in the Position of Poland on Its Investment Development Path: the Results of the Empirical Analysis. Optimum. Economic Studies 5 (71), 159-171.

Narula, R., & Dunning, J. H. (2000). Industrial Development, Globalization and Multinational Enterprises: New Realities for Developing Countries, Oxford Development Studies 28(2), 141-167.

Nattrass N., Seekings J. (2018). Employment and labour productivity in high unem-ployment countries. Development Policy Review 36, 0769–0785.

Přívara, A., & Přívarová, M. (2018). The Impact of Globalization and Technological Innovations on Unemployment of Low-Skilled Labor Force in EU Countries. International Review of Research in Emerging Markets and the Global Economy 4(1), 1236-1247.

Sears, J., & Hoetker, J. (2014). Technological Overlap, Technological Capabilities, and Resource Recombination in Technological Acquisitions. Strategic Management Journal, 35, 48-67.

Tantardini, M., & Garcia-Zamor, J.-C. (2015). Organizational Social Capital and Anti-corruption Policies: An Exploratory Analysis. Public Organization Review 15(4), 599-609.

World Economic Forum (2006). The Global Competitiveness Report 2006–2007. Geneva: WEF.

World Economic Forum (2017). The Global Competitiveness Report 2017–2018. Geneva: WEF.

World Economic Forum (2018). The Future of Jobs Report 2018. Geneva: WEF.

World Trade Organization (2017). World Trade Report 2017. Trade, technology and jobs. Geneva: WTO.

Zhang, X., Yang, J., & Wang, S. (2011). China has reached the Lewis turning point. China Economic Review, 22, 542–554.




DOI: https://doi.org/10.19197/tbr.v17i4.305

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Print ISSN: 1643-8175, Online ISSN: 2451-0955, DOI prefix: 10.19197, Principal Contact: tbr@wsb.torun.pl