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Guillermo Arenas Díaz

Dipartamento di Politica Economica, Università Cattolica del Sacro Cuore

Technology affects not only a company's competitiveness, economic growth, and productivity but also modifies the structure of the labor market. Understanding how this phenomenon works, theoretically and empirically, is essential to implementing the appropriate policies.

IZA World of Labor role

Author

Current position

Assistant Professor at Università Cattolica del Sacro Cuore

Research interest

Economics of innovation, labor economics, applied econometrics, environmental economics

Website

https://sites.google.com/view/guillermoarenas-diaz/inicio

Past positions

Research Fellow, Università Cattolica del Sacro Cuore

Qualifications

PhD in Economics, Universidad Complutense de Madrid, 2021

Selected publications

  • “The effect of external innovation on firm employment.” Economics of Innovation and New Technology 34:1 (2025): 44-69 (with A. Barge-Gil, J. Heijs, and A. Marzucchi).

  • "The effects of product and process innovation on employment: a meta-regression analysis.” Eurasian Business Review 14 (2024): 35–68 (with A. J. Guerrero, and J. Heijs).

  • “Does eco-innovation stimulate employment? The case of Spanish manufacturing firms.” Structural Change and Economic Dynamics 69 (2024): 571 - 585. 2024 (with S. Fernández, and C. Torrecillas).

  • “The effect of innovation on skilled and unskilled workers during bad times.” Structural Change and Economic Dynamics 52 (2020): 141-158 (with A. Barge-Gil, and J. Heijs).

article(s)

  • Innovation and employment in the era of artificial intelligence Updated

    In the face of AI revolution, concerns about possible technological unemployment should be aware of the complex and mixed employment impacts of technological change.

    Marco VivarelliGuillermo Arenas Díaz, March 2025
    The relationship between technology and employment has always been a source of concern, at least since the first industrial revolution. However, while process innovation can be job-destroying (provided that its direct labor-saving effect is not compensated through market mechanisms), product innovation can imply the emergence of new firms, new sectors, and thus new jobs (provided that its welfare effect dominates the crowding out of old products). Nowadays, the topic is even more relevant because the world economy is undergoing a new technological revolution centred on automation and the diffusion of Artificial Intelligence (AI).
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