Impact of Technological Change on Employment and Wages in the EU
Thesis title: | Impact of Technological Change on Employment and Wages in the EU |
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Author: | Ahmadov, Vugar |
Thesis type: | Bachelor thesis |
Supervisor: | Špecián, Petr |
Opponents: | Prokop, Jaromír |
Thesis language: | English |
Abstract: | 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. |
Keywords: | Job and Wage polarization; Compensation mechanism; Technological Advancements |
Thesis title: | Impact of Technological Change on Employment and Wages in the EU |
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Author: | Ahmadov, Vugar |
Thesis type: | Bakalářská práce |
Supervisor: | Špecián, Petr |
Opponents: | Prokop, Jaromír |
Thesis language: | English |
Abstract: | 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. |
Keywords: | Technological Advancements; Compensation mechanism; Job and Wage polarization |
Information about study
Study programme: | Ekonomie a hospodářská správa/Economics |
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Type of study programme: | Bakalářský studijní program |
Assigned degree: | Bc. |
Institutions assigning academic degree: | Vysoká škola ekonomická v Praze |
Faculty: | Faculty of Economics |
Department: | Department of Economics |
Information on submission and defense
Date of assignment: | 11. 3. 2015 |
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Date of submission: | 1. 5. 2015 |
Date of defense: | 10. 9. 2015 |
Identifier in the InSIS system: | https://insis.vse.cz/zp/52102/podrobnosti |