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the highest wage quartile. Examining complementary versus substitution, we model the impact on side versus core …
Persistent link: https://www.econbiz.de/10015077845
We examine how the adoption of digital automation technology affects labor demand, operations and profitability in the … labor cost increased after the adoption of digital automation technology, attributable to increased labor demand and more … automation technology increased revenue and profit through a reduction in operational cost, improved utilization of warehouse …
Persistent link: https://www.econbiz.de/10015057718
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
estimate robust negative effects of AI exposure on employment across commuting zones and time. We find that AI's impact is … the wage distribution. These results are consistent with the view that AI has contributed to the automation of jobs and to …
Persistent link: https://www.econbiz.de/10014383286
What is the effect of robots and tools on employment and inequality? Using natural language processing and an instrumental variable approach, we discover that robots have led to a sizable decrease in the employment and wages of low-skill workers in operational occupations. However, tools -...
Persistent link: https://www.econbiz.de/10014443829
literature to formalize the implications of robot technology. As for the first question, we establish robust evidence that ex …
Persistent link: https://www.econbiz.de/10011997063
Since the beginning of the Industrial Revolution, technological change has led to the automation of existing tasks and … the creation of new ones, as well as the reallocation of labor across occupations and industries. These processes have … with productivity growth. I provide evidence suggesting, however, that in recent decades automation has outpaced the …
Persistent link: https://www.econbiz.de/10012206073
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 …
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