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risk of automation are the most affected and that this effect is larger in sectors that have undergone a technology …
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communications technology, and robot penetration, as two proxy for new technologies to assess the effect of automation on 795 … automation by 1.8–2.8% relative to risk-less occupations. I demonstrate causality using the differential effect of technology … capital, instrumented by E.U. capital, on occupations with different risks of automation. Sector-year dummies control for …
Persistent link: https://www.econbiz.de/10012823652
the automation process in emerging markets. We find that sectors with a large fraction of occupations at risk of … automation present the most significant contraction in employment. Employment in sectors with a large share of occupations at … risk of automation fell between 12 and 8 percentage points more relative to other industries during the second quarter of …
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This paper surveys the theoretical and empirical literature on the role of state-owned banks and also presents some new results and a robustness analysis. The paper shows that state-owned banks located in developing countries have fiscal costs because they are characterized by lower returns than...
Persistent link: https://www.econbiz.de/10010327147
We characterize the degree of microeconomic inflexibility in several Latin American economies and find that Brazil, Chile and Colombia are more flexible than Mexico and Venezuela. The difference in flexibility among these economies is mainly explained by the behavior of large establishments,...
Persistent link: https://www.econbiz.de/10011613284
This paper estimates the elasticity of substitution of U.S. imports using detailed trade data over the 1990-2003 period. The authors use a two-stage least squares framework in order to identify the elasticity parameter of interest. The authors use the elasticity estimates to assess the extent to...
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