This paper considers endogenous technological changes of inputs from labor to capital in operations of a production process, i.e., a kind of mechanization of the production process. While retaining the property of decreasing returns in capital, we can show that because of complementary...

The aim of this study is to connect two approaches that examine automation. The first uses a task-based model, while the second uses a variant of the canonical constant-elasticity-of-substitution (CES) production function. We employ a task-based model and derive a neoclassical production...

This paper develops a model that explores automation and unemployment through job availability. In our model, workers differ in terms of their suitability for tasks. Depending on their task suitability, automation leads to either positive or negative effects on their job matching. Each worker...

This study explores automation and employment in a task-based model. Each worker has her own likelihood of job mismatch, represented as her individual mismatch probability (IMP). Her IMP depends on the level of automation and her ability, represented as the number of her unsuitable tasks. The...