Heer, Burkhard; Irmen, Andreas; Süssmuth, Bernd - 2022
change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … decade of the 21st century. Permanent effects on factor shares emanate from relative factor taxation. The latter also have a … taxation, automation capital, and capital adjustment costs. Labor and automation capital are perfect substitutes whereas labor …