Impact of Technological Change on Employment and Wages in the EU

Název práce: Impact of Technological Change on Employment and Wages in the EU
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
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
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
Datum podání práce: 1. 5. 2015
Datum obhajoby: 10. 9. 2015
Identifikátor v systému InSIS: https://insis.vse.cz/zp/52102/podrobnosti

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