Assessing the impact of digital technology diffusion policies. Evidence from Italy

IF 3.2 3区经济学 Q1 ECONOMICS

Economics of Innovation and New Technology Pub Date : 2022-05-23 DOI:10.1080/10438599.2022.2075357

Barbara Bratta, Livio Romano, P. Acciari, F. Mazzolari

引用次数: 1

Abstract

ABSTRACT This paper provides firm-level evidence on how subsidies to buyers of advanced digital production technologies work in sustaining private investments in innovation, and how such investments correlate with firms’ demand for labor. By exploiting the introduction in 2017 of a fiscal incentive granted to all Italian companies purchasing tangible goods instrumental to their digital transformation, we are able to quantify the volume of the subsidized investments within the national economy, to correlate the decision to invest with ex-ante structural and strategic characteristics of the beneficiary firms, and to evaluate the labor market effects (hirings and separations) of these investments at the firm level, for different classes of workers and firms. Overall, the analysis suggests that the policy has been so far an effective means to support the advanced digital technology transformation of the Italian production system and that such transformation has been positively correlated with employment growth at investing firms.

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评估数字技术扩散政策的影响。来自意大利的证据

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来源期刊

Economics of Innovation and New Technology ECONOMICS-

CiteScore

7.20

自引率

3.00%

发文量

期刊介绍： Economics of Innovation and New Technology is devoted to the theoretical and empirical analysis of the determinants and effects of innovation, new technology and technological knowledge. The journal aims to provide a bridge between different strands of literature and different contributions of economic theory and empirical economics. This bridge is built in two ways. First, by encouraging empirical research (including case studies, econometric work and historical research), evaluating existing economic theory, and suggesting appropriate directions for future effort in theoretical work. Second, by exploring ways of applying and testing existing areas of theory to the economics of innovation and new technology, and ways of using theoretical insights to inform data collection and other empirical research. The journal welcomes contributions across a wide range of issues concerned with innovation, including: the generation of new technological knowledge, innovation in product markets, process innovation, patenting, adoption, diffusion, innovation and technology policy, international competitiveness, standardization and network externalities, innovation and growth, technology transfer, innovation and market structure, innovation and the environment, and across a broad range of economic activity not just in ‘high technology’ areas. The journal is open to a variety of methodological approaches ranging from case studies to econometric exercises with sound theoretical modelling, empirical evidence both longitudinal and cross-sectional about technologies, regions, firms, industries and countries.