Automation and demographic change

A standard theoretical framework of accumulation of traditional physical capital and automation capital predicts that countries with a lower population growth rate are the ones innovating/adopting new automation technologies faster. We test the model prediction using panel data for 60 countries from 1993 to 2013. Empirical estimates suggest that a 1% increase in population growth is associated with an approximate 2% reduction in the growth rate of robot density.

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Year of publication:	2017
Authors:	Abeliansky, Ana Lucia ; Prettner, Klaus
Publisher:	Kiel, Hamburg : ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft

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Series:	Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Macroeconomics ; D08-V2
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Conference Paper
Language:	English
Other identifiers:	hdl:10419/168215 [Handle] RePEc:zbw:vfsc17:168215 [RePEc]
Classification:	J11 - Demographic Trends and Forecasts ; O14 - Industrialization; Manufacturing and Service Industries; Choice of Technology ; O33 - Technological Change: Choices and Consequences; Diffusion Processes ; O40 - Economic Growth and Aggregate Productivity. General
Source:	EconStor

Persistent link: https://www.econbiz.de/10011712728