We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of … automation that maximizes long-run growth; (iv) the labor share declines with automation to an extent that fits to the observed …

We analyze the effects of declining population growth on the adoption of automation technology. A standard theoretical … framework of the accumulation of traditional physical capital and of automation capital predicts that countries with a lower … population growth rate are the ones that innovate and/or adopt new automation technologies faster. We test the theoretical …

We analyze the long-run growth effects of automation in the standard overlap- ping generations framework. We show that …, in contrast to other neoclassical models of capital accumulation, automation does not promote growth but induces economic … stagnation. The reason is that automation suppresses wages, which are the only source of investment in the overlapping …

We analyze the effect of automation on economic growth and inequality in an R&D-based growth model with two types of … model predicts that innovationdriven growth leads to increasing automation, an increasing skill premium, an increasing …

population ageing and increased automation for indicators of sustainability for the Nordic welfare states. …

We analyze the effects of declining population growth on automation. A simple theoretical model of capital accumulation … predicts that countries with lower population growth introduce automation technologies earlier. We test the theoretical …

-related aspects. Labor market pressures are felt around the globe, and robots and automation increasingly become reality. However …

observed direction of technological change towards increasing automation. …

automation which is a specific sub-segment of the semiconductor industry. It analyses the association of firm characteristics …