Impact of Technological Change on Employment and Wages in the EU
Název práce: | Impact of Technological Change on Employment and Wages in the EU |
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Autor(ka) práce: | Ahmadov, Vugar |
Typ práce: | Bachelor thesis |
Vedoucí práce: | Špecián, Petr |
Oponenti práce: | Prokop, Jaromír |
Jazyk práce: | English |
Abstrakt: | This thesis examines the impact of technological advancements on employment and wages in European Union. In order to examine this relation the date set for period over 1990-2010 of 10 European Member states were used. The data represented statistical information for Austria, Germany, France , Finland, Spain, Denmark, Netherlands, Ireland , Italy and the United Kingdom. With the help of regression it was concluded there is significant relation of employment and wages with technological advancements. I use the R&D expenditures share of GDP as main proxy for technological advancements, unemployment rate and average wage for dependent variable. Using the Fixed Effects estimator, I found that there is negative relation between R&D expenditures and Unemployment rate. Similarly, I found that there is negative relation between R&D expenditures and Average Wages. Thus , I discuss possible explanation for this paradox. |
Klíčová slova: | Job and Wage polarization; Compensation mechanism; Technological Advancements |
Název práce: | Impact of Technological Change on Employment and Wages in the EU |
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Autor(ka) práce: | Ahmadov, Vugar |
Typ práce: | Bakalářská práce |
Vedoucí práce: | Špecián, Petr |
Oponenti práce: | Prokop, Jaromír |
Jazyk práce: | English |
Abstrakt: | This thesis examines the impact of technological advancements on employment and wages in European Union. In order to examine this relation the date set for period over 1990-2010 of 10 European Member states were used. The data represented statistical information for Austria, Germany, France , Finland, Spain, Denmark, Netherlands, Ireland , Italy and the United Kingdom. With the help of regression it was concluded there is significant relation of employment and wages with technological advancements. I use the R&D expenditures share of GDP as main proxy for technological advancements, unemployment rate and average wage for dependent variable. Using the Fixed Effects estimator, I found that there is negative relation between R&D expenditures and Unemployment rate. Similarly, I found that there is negative relation between R&D expenditures and Average Wages. Thus , I discuss possible explanation for this paradox. |
Klíčová slova: | Technological Advancements; Compensation mechanism; Job and Wage polarization |
Informace o studiu
Studijní program / obor: | Ekonomie a hospodářská správa/Economics |
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Typ studijního programu: | Bakalářský studijní program |
Přidělovaná hodnost: | Bc. |
Instituce přidělující hodnost: | Vysoká škola ekonomická v Praze |
Fakulta: | Národohospodářská fakulta |
Katedra: | Katedra ekonomie |
Informace o odevzdání a obhajobě
Datum zadání práce: | 11. 3. 2015 |
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Datum podání práce: | 1. 5. 2015 |
Datum obhajoby: | 10. 9. 2015 |
Identifikátor v systému InSIS: | https://insis.vse.cz/zp/52102/podrobnosti |