Showing 1 - 10 of 1,868
robot tax that has featured prominently in the policy debate on automation and show that it could raise the capital stock …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 …
Persistent link: https://www.econbiz.de/10011668997
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 …
Persistent link: https://www.econbiz.de/10014487176
Persistent link: https://www.econbiz.de/10014286077
Persistent link: https://www.econbiz.de/10014364713
Persistent link: https://www.econbiz.de/10014320212
incorporates labor market power into the task-based theory of automation. We show that, due to higher marginal cost of labor …We examine the impact of labor market power on firms' adoption of automation technologies. We develop a model that … employment effects of automation. Using data from US commuting zones, our results show that commuting zones that are more exposed …
Persistent link: https://www.econbiz.de/10014495771
Additive Manufacturing (AM) enables mass customization and has thereby the potential to revolutionize traditional manufacturing. In this paper, we examine how the adoption of AM affects competition and welfare in traditionally standardized product markets. Analyzing a game-theoretical model of...
Persistent link: https://www.econbiz.de/10014631790
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 … robot technology increases long-run output per capita. In both cases, inequalities in labor income, wealth and consumption …
Persistent link: https://www.econbiz.de/10012222578
Persistent link: https://www.econbiz.de/10012486459
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 … intermediate complexity are assigned to capital. Interior automation arises when the most skilled workers have a comparative …
Persistent link: https://www.econbiz.de/10014496402