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employment effects of automation. Using data from US commuting zones, our results show that commuting zones that are more exposed … to industrial robots exhibit considerably larger reductions in both employment and wages when their labor markets …We examine the impact of labor market power on firms' adoption of automation technologies. We develop a model that …
Persistent link: https://www.econbiz.de/10014495771
well as traditional and automation capital (e.g. robots). Robots can substitute for routine labor. We show that both … rise. Although expected advances in automation technologies are able to mitigate or even circumvent output losses in the …
Persistent link: https://www.econbiz.de/10012222578
This paper examines the extent to which aggregate-level de-routinization can be attributed to firm-level technology adoption during the most recent technological expansion. We use administrative data and a novel firm survey to distinguish frontier technologies from older technologies. We find...
Persistent link: https://www.econbiz.de/10014468953
This study quantifies the relationship between workplace digitalization, i.e., the increasing use of frontier … individual-level use of technologies between 2011 and 2019, we find that digitalization induces similar shifts into more complex …
Persistent link: https://www.econbiz.de/10014564980
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 …
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
Hidden Champions (HCs) are small- and medium-sized global market leaders that repeatedly show superior innovation capabilities and economic performance. However, empirical evidence on how the digital transformation may affect their success story remains scarce. I argue that HCs show stronger...
Persistent link: https://www.econbiz.de/10012314933
developments, some argue that large shares of jobs are "at risk of automation", spurring public fears of massive job-losses and …. First, the chapter discusses estimates of automation potentials, showing that many estimates are severely upward biased …-losses or employment effects - a mistake that is done often in the public debate. Thirdly, the chapter develops scenarios on how …
Persistent link: https://www.econbiz.de/10012021513
Persistent link: https://www.econbiz.de/10014320212
We present a simple model to illustrate how birthplace diversity may affect team performance. The model assumes that birthplace diversity increases the stock of available knowledge due to skill complementarities and decreases effciency due to communication barriers. The consequence of these two...
Persistent link: https://www.econbiz.de/10012010641