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    Do Labor Market Regulations Affect the Link between Innovation and Employment? Evidence from Latin America
    Walter de Gruyter GmbH ; 2019
    In:  The B.E. Journal of Economic Analysis & Policy Vol. 19, No. 3 ( 2019-05-24)
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    In: The B.E. Journal of Economic Analysis & Policy, Walter de Gruyter GmbH, Vol. 19, No. 3 ( 2019-05-24)
    Abstract: This paper sheds light on how labor market regulations affect the relationship between different types of innovation and employment in Latin America. We estimate the effect of process and product innovation on employment growth using Enterprise Surveys for 14 Latin American countries. We calculate the model for the whole sample and then classify countries according to the rigidness of their labor market regulations. We find that: (i) product innovations have a positive impact on employment growth; (ii) process innovations do not affect employment growth; and (iii) more rigid labor market regulations (minimum wages and severance payments) reduce the effects of innovation.
    Type of Medium: Online Resource
    ISSN: 1935-1682
    URL: Article
    DOI: 10.1515/bejeap-2018-0163
    Language: Unknown
    Publisher: Walter de Gruyter GmbH
    Publication Date: 2019
    detail.hit.zdb_id: 2268326-4
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