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Persistent link: https://www.econbiz.de/10011904305
This article reviews the literature on automation and its impact on labor markets, wages, factor shares, and … market trends and the effects of automation technologies. The task model clarifies that automation technologies operate by … task models and the displacement effects of automation. I conclude by discussing shortcomings of the existing literature …
Persistent link: https://www.econbiz.de/10014437041
We provide an argument for long-term automation and decline in the labor income share, driven by capital accumulation … rescaled in the same way. Then ongoing capital accumulation gives rise to progressive automation, and the share of labor income …
Persistent link: https://www.econbiz.de/10012479182
changes in particular, automation that displaces workers from tasks they used to perform, and the creation of new tasks that … that automation: (i) powerfully impacts inequality; (ii) can reduce real wages; and (iii) can generate realistic changes in …-level estimates of displacement driven by automation and reinstatement due to new tasks, we show that displacement is associated with …
Persistent link: https://www.econbiz.de/10012479205
Globalization and robotics (globotics) are transforming the world economy at an explosive pace. While much of the literature has focused on rich nations, the changes are quite likely to affect developing nations in important ways. The premise of the paper - which should be regarded as a...
Persistent link: https://www.econbiz.de/10012479255
expand their overall employment as well. However, this expansion comes at the expense of their competitors (as automation …
Persistent link: https://www.econbiz.de/10012479262
We present a framework for understanding the effects of automation and other types of technological changes on labor … allocation of tasks to capital and labor--the task content of production. Automation, which enables capital to replace labor in … a result, automation always reduces the labor share in value added and may reduce labor demand even as it raises …
Persistent link: https://www.econbiz.de/10012479636
Between the 2007 and 2012 Economic Censuses (EC), the count of franchise-affiliated establishments declined by 9.8%. One reason for this decline was a reduction in resources that the Census Bureau was able to dedicate to the manual evaluation of survey responses in the franchise section of the...
Persistent link: https://www.econbiz.de/10012479768
on robots and trade, the magnitude of these taxes may decrease as the process of automation and globalization deepens and …
Persistent link: https://www.econbiz.de/10012480754
COVID-19 may accelerate the automation of jobs, as employers invest in technology to adapt the production process to … safeguard against current and potential future pandemics. We identify occupations that have high automation potential and also …
Persistent link: https://www.econbiz.de/10012481351