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We study how technology adoption and changes in global value chain (GVC) integration jointly affect labor shares and business function specialization in a sample of 14 manufacturing industries in 14 European countries in 1999-2011. Our main contribution is to highlight the indirect effect of...
Persistent link: https://www.econbiz.de/10013549118
of how automation and artificial intelligence could reshape society and the economy. However, technological shifts in …
Persistent link: https://www.econbiz.de/10014430719
Job training is widely regarded as crucial for protecting workers from automation, yet there is a lack of empirical … countries, we construct an individual-level measure of automation risk based on tasks performed at work. Our analysis reveals … substantial within-occupation variation in automation risk, overlooked by existing occupation-level measures. To assess whether …
Persistent link: https://www.econbiz.de/10015145024
We investigate the impact of investment in automation-related goods on adopting and non-adopting firms in the Italian … exploiting import lumpiness in product categories linked to automation and AI technologies. We find a positive average adoption … medium and large firms. We complete the framework with a 5-digit sector-level analysis showing that adopting automation …
Persistent link: https://www.econbiz.de/10014383690
We study the implications of robot adoption at the level of individual firms using a rich panel data-set of Spanish manufacturing firms over a 27-year period (1990-2016). We focus on three central questions: (1) Which firms adopt robots? (2) What are the labor market effects of robot adoption at...
Persistent link: https://www.econbiz.de/10011997063
supply on automation innovation by exploiting an immigrant placement policy in Germany during the 1990s and 2000s. Difference …-in-differences estimates indicate that one additional worker per 1,000 manual and unskilled workers reduces automation innovation by 0 …
Persistent link: https://www.econbiz.de/10012241069
Prettner (2019) studies the implications of automation for economic growth and the labor share in a variant of the … Solow-Swan model. The aggregate production function allows for two types of capital, traditional and automation capital …. Traditional capital and labor are imperfect substitutes whereas automation capital and labor are perfect substitutes. In this …
Persistent link: https://www.econbiz.de/10012031062
a sample of advanced economies. Institutions explain a substantial proportion of cross-country variation in automation … vulnerable to holdup. This suggests that automation is used by producers as a tool to thwart rent appropriation by labor. …
Persistent link: https://www.econbiz.de/10012103580
processes? The present paper addresses this question in a new macroeconomic model of automation where competitive firms perform … and substitute for labor in the performance of tasks. Automation is labor-augmenting in the reduced-form aggregate … though the aggregate production function is Cobb-Douglas. Population aging due to a higher longevity reduces automation in …
Persistent link: https://www.econbiz.de/10012597831
Since the beginning of the Industrial Revolution, technological change has led to the automation of existing tasks and … with productivity growth. I provide evidence suggesting, however, that in recent decades automation has outpaced the …
Persistent link: https://www.econbiz.de/10012206073