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Is the productivity effect of robotics technology another example of the modern productivity paradox? This study adds to the debate on this question by providing firm-level evidence from China and exploring the underlying mechanisms. Focusing on a recent period from 2013 to 2017, we find that...
Persistent link: https://www.econbiz.de/10014354688
This paper investigates the effect of robot adoption on employment adjustment at the firm level in China. Using an instrument that exploits the source of the firm-level variation in robot adoption, we find that using industrial robots increases employment within firms, especially when focusing...
Persistent link: https://www.econbiz.de/10014356071
Although at the country and industry level there is much evidence on the importance of access to services for exports and participation in global value chains, such evidence is largely absent at the firm level. In this paper we use a newly constructed dataset that connects city-level access to...
Persistent link: https://www.econbiz.de/10014076391
This paper investigates the effect of robot adoption on employment adjustment in China. By using detailed Chinese firm-level data and addressing endogeneity, we find that using industrial robots increases employment within firms, especially when focusing on the employment of high-educated and...
Persistent link: https://www.econbiz.de/10014076752
We introduce a stylised model where a risk-averse foreign investor teaming up with a local partner is concerned about background political risk affecting public goods provision (permits, etc.) by a local government. We show that the risk-averse principal as a residual claimant leaves a larger...
Persistent link: https://www.econbiz.de/10014080027
Domestic institutions can be a source of comparative advantage. This paper examines the role of Confucian clan culture, a long-standing institution at the heart of Chinese society, in firm exports. Using a nationally representative survey on private enterprises in China, we find that firms...
Persistent link: https://www.econbiz.de/10014242924
This paper investigates the effect of mandatory corporate social responsibility (CSR) disclosure on outward foreign direct investment (OFDI) of Chinese listed companies. Employing the propensity score matching (PSM) and difference-in-differences (DID) methods to alleviate endogeneity concerns,...
Persistent link: https://www.econbiz.de/10013491553