Toward a wiser projectification: Macroeconomic effects of firm-level project work

2019

Abstract Several studies have investigated projectification and its effects at the firm level, but the macroeconomic implications of project work have scarcely been considered. This paper analyzes the macroeconomic effects of firm-level projectification. We study the interlinkages between different sectors by extending standard input-output modeling and analyze the static and dynamic effects of projectification. The results indicate that projectification can have positive macroeconomic implications for production/innovativeness, employment and income that differ across economic sectors, but projectification can also have negative impacts. As a major implication, the use of temporary forms o…