Economics, Econometrics and Finance
3 years ago

Boosting R&D Spending Cuts Youth Unemployment in European Union

Eurasian studies in business and economics
The Relationship Between R&D Expenditures and Youth Unemployment in the European Union Countries: A Comparison of the Old and New Member States
Betül Gür

Paper Summary

The article examines how spending on research and development (R&D) affects youth unemployment in European Union countries. They looked at both older and newer EU member states and found that higher R&D expenditures led to a decrease in youth unemployment by 5.6% in older member states and 4.1% in newer member states.

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