Digitalization, multinationals and employment: an empirical analysis of their causal relationships

Gómez Gómez-Plana, Antonio; Latorre, María C.

Publication:
Digitalization, multinationals and employment: an empirical analysis of their causal relationships

dc.contributor.author	Gómez Gómez-Plana, Antonio
dc.contributor.author	Latorre, María C.
dc.contributor.department	Ekonomia	eu
dc.contributor.department	Institute for Advanced Research in Business and Economics - INARBE	en
dc.contributor.department	Economía	es_ES
dc.date.accessioned	2019-12-20T09:14:02Z
dc.date.available	2020-07-26T23:00:09Z
dc.date.issued	2019
dc.description.abstract	This study measures the effects of digitalization related to Information and Communication Technologies (ICT) investment on employment and other economic variables according to firms' ownership. We present two computable general equilibrium models (with full employment and with unemployment) which differentiate two types of firms: National and foreign multinationals (MNEs). Both types of firms allow for the substitution between labour and ICT capital. We conclude that ICT investments significantly create jobs and raise real wages, GDP and welfare. The aggregate positive effects are stronger for ICT investment in national firms than in foreign MNEs although the sign of some sectoral effects can be negative. We also analyze the role of wage flexibility in this context, with the most favorable results related to scenarios where wages are more rigid for both cases, when investors are national firms or foreign MNEs. The model is applied to the case of Spain, a country with a high unemployment rate where ICT investment has been large since the mid 1990s.	en
dc.description.sponsorship	The authors acknowledge financial support from the Spanish Ministry of Economy and Competitiveness, through the projects ECO2013-46954-C3-1-R and ECO2017-86054-C3-2-R (A. G. Gómez-Plana) and ECO2013-41317-R and ECO2016-78422-R (M.C. Latorre).	en
dc.embargo.lift	2020-07-26
dc.embargo.terms	2020-07-26
dc.format.extent	41 p.
dc.format.mimetype	application/pdf	en
dc.identifier.doi	10.1515/jbnst-2017-0153
dc.identifier.issn	0021-4027
dc.identifier.uri	https://academica-e.unavarra.es/handle/2454/35936
dc.language.iso	eng	en
dc.publisher	De Gruyter Oldenbourg	en
dc.relation.ispartof	Jahrbucher fur Nationalokonomie und Statistik = Journal of Economics and Statistics, 2019; 239(3): 399–439	en
dc.relation.projectID	info:eu-repo/grantAgreement/MINECO//ECO2013-46954-C3-1-R/ES/	en
dc.relation.projectID	info:eu-repo/grantAgreement/AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2013-2016/ECO2017-86054-C3-2-R/ES/	en
dc.relation.projectID	info:eu-repo/grantAgreement/MINECO//ECO2013-41317-R/ES/	en
dc.relation.projectID	info:eu-repo/grantAgreement/ES/1PE/ECO2016-78422-R	en
dc.relation.publisherversion	https://doi.org/10.1515/jbnst-2017-0153
dc.rights	© 2019 Oldenbourg Wissenschaftsverlag GmbH	en
dc.rights.accessRights	info:eu-repo/semantics/openAccess	en
dc.rights.accessRights	Acceso abierto / Sarbide irekia	es
dc.subject	Computable general equilibrium	en
dc.subject	Investment\|Information and communications technologies	en
dc.subject	Employment	en
dc.subject	Multinationals	en
dc.title	Digitalization, multinationals and employment: an empirical analysis of their causal relationships	en
dc.type	info:eu-repo/semantics/article	en
dc.type	Artículo / Artikulua	es
dc.type.version	info:eu-repo/semantics/publishedVersion	en
dc.type.version	Versión publicada / Argitaratu den bertsioa	es
dspace.entity.type	Publication
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