The Effects of Knowledge Spillovers through Labor Mobility
Victoria Castillo,
Lucas Figal-Garone,
Alessandro Maffioli,
Sofia Rojo and
Rodolfo Stucchi
Authors registered in the RePEc Author Service: Lucas Figal Garone ()
MPRA Paper from University Library of Munich, Germany
Abstract:
We estimate the effects of knowledge spillovers on firms’ performance and workers’ wages. We use an innovation support program as an exogenous shock to the knowledge of non-participant firms and an employer-employee dataset to track the mobility of workers—and knowledge diffusion—between firms. We find that non-participants that acquired new knowledge by hiring skilled workers exposed to the program increased employment, the average wage they pay, exports, and productivity. Finally, we find that—depending on the level of competition—a wage premium was paid either by participant or non-participant firms to retain or acquire workers.
Keywords: Knowledge spillover; Labor mobility; Innovation; Panel data (search for similar items in EconPapers)
JEL-codes: D2 J3 O3 O38 (search for similar items in EconPapers)
Date: 2016-01-30
New Economics Papers: this item is included in nep-ino, nep-knm, nep-lma and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:69141
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