We investigate the impact of product market competition on firms’ automation investments. We use a rich combination of … competition in export markets tend to reduce investments in automation technologies. These average negative effects are driven by … the least productive firms, while the most efficient exporters in industries that are more prone to automation tend to …

well as traditional and automation capital (e.g. robots). Robots can substitute for routine labor. We show that both …, population aging and higher robot productivity, foster the increased use of robotics. Population aging decreases and progress in … rise. Although expected advances in automation technologies are able to mitigate or even circumvent output losses in the …

We analyze the long-run growth effects of automation in the canonical overlapping generations framework. While … automation implies constant returns to capital within this model class (even in the absence of technological progress), we show … that it does not have the potential to lead to positive long-growth. The reason is that automation suppresses wages, which …

We examine the impact of labor market power on firms' adoption of automation technologies. We develop a model that … incorporates labor market power into the task-based theory of automation. We show that, due to higher marginal cost of labor … employment effects of automation. Using data from US commuting zones, our results show that commuting zones that are more exposed …

resources depletion as a way to compensate for its relatively low initial productivity. The cases of four latecomers - Brazil … very large increases in their shares of world technological productions, greatly shrinking the productivity and per capita …

increases in capital productivity ultimately induce a transition to low-skill automation and qualitatively alter the effects of …We develop an assignment model of automation. Each of a continuum of tasks of variable complexity is assigned to either … capital or one of a continuum of labor skills. We characterize conditions for interior automation, whereby tasks of …