Header

UZH-Logo

Maintenance Infos

The Effect of an Education-driven Labor Supply Shock on Firms’ R&D Personnel


Lehnert, Patrick; Pfister, Curdin; Backes-Gellner, Uschi (2017). The Effect of an Education-driven Labor Supply Shock on Firms’ R&D Personnel. Swiss Leading House Working Paper Series 141, University of Zurich.

Abstract

This paper examines the effect of an R&D-specific labor supply shock produced by the establishment of tertiary vocational education institutions teaching and conducting applied R&D, the Universities of Applied Sciences, on the R&D personnel of private firms. We apply a difference-in-differences model, exploiting a quasi-natural experiment in the 1990s in Switzerland, the staggered establishment of these institutions. Using repeated cross-sectional data from the Swiss Earnings Structure Survey, we can precisely measure the R&D personnel of private firms, i.e., how much R&D personnel a firm employs and how much a firm spends on its R&D personnel in terms of wages. The education-driven labor supply shock has positive effects on both the percentage of R&D personnel and the wages paid to this personnel. Our assessments of effect heterogeneity suggest that these effects are driven by firms with 50 to 99 employees and firms in the manufacturing sector increasing their R&D personnel.

Abstract

This paper examines the effect of an R&D-specific labor supply shock produced by the establishment of tertiary vocational education institutions teaching and conducting applied R&D, the Universities of Applied Sciences, on the R&D personnel of private firms. We apply a difference-in-differences model, exploiting a quasi-natural experiment in the 1990s in Switzerland, the staggered establishment of these institutions. Using repeated cross-sectional data from the Swiss Earnings Structure Survey, we can precisely measure the R&D personnel of private firms, i.e., how much R&D personnel a firm employs and how much a firm spends on its R&D personnel in terms of wages. The education-driven labor supply shock has positive effects on both the percentage of R&D personnel and the wages paid to this personnel. Our assessments of effect heterogeneity suggest that these effects are driven by firms with 50 to 99 employees and firms in the manufacturing sector increasing their R&D personnel.

Statistics

Downloads

8 downloads since deposited on 10 Aug 2018
5 downloads since 12 months
Detailed statistics

Additional indexing

Item Type:Working Paper
Communities & Collections:03 Faculty of Economics > Department of Business Administration
Dewey Decimal Classification:330 Economics
Language:English
Date:December 2017
Deposited On:10 Aug 2018 13:44
Last Modified:24 Sep 2019 23:33
Series Name:Swiss Leading House Working Paper Series
Number of Pages:40
OA Status:Green
Free access at:Official URL. An embargo period may apply.
Official URL:http://repec.business.uzh.ch/RePEc/iso/leadinghouse/0141_lhwpaper.pdf
Other Identification Number:merlin-id:15579

Download

Download PDF  'The Effect of an Education-driven Labor Supply Shock on Firms’ R&D Personnel'.
Preview
Content: Published Version
Filetype: PDF
Size: 5MB