This paper focuses on the interactions between social capital and production structure in their relation with regional inequality. Combining survey data with available regional databases for the EU-15, it provides a panel data analysis of multidimensional inequalities based on the idea that social capital is a fundamental factor determining its regional levels, along with the economic specialization of regions. Results confirm an inverse relation between inequality and social capital. At the same time, they highlight the positive impact of production clusters on the regional environment. Findings suggest that the joint effect of predictors is ambiguous, and may so be dependent on the different sorts of local specialization and social capital endowment.
Drawing on the Acemoglu-Restrepo framework, this article investigates the influence of technological innovations on the wage bill of France, Germany, Italy and Spain We show that in these countries: (a) the wage-bill deceleration since the 1990s has mainly been productivity driven; (b) but was also affected by a wage-share compression; (c) contraction of labor-intensive tasks played a relevant role in such compression; (d) this reflected an acceleration of technology-induced labor displacement not sufficiently offset by the reinstatement of new labor-intensive tasks; (e) labor displacement was higher in low-end services. Econometric analysis of displacement confirms the influence of technology.
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