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manufacturing firms over a 27-year period (1990-2016). We focus on three central questions: (1) Which firms adopt robots? (2) What … literature to formalize the implications of robot technology. As for the first question, we establish robust evidence that ex …-ante larger and more productive firms are more likely to adopt robots, while ex-ante more skill-intensive firms are less likely to …
Persistent link: https://www.econbiz.de/10012018299
Is technology or trade driving increases in wage inequality? We propose that technology interacts with trade in the … disproportionately affect wages for workers who perform tasks sensitive to the technology specialization (software or robotics) of the …
Persistent link: https://www.econbiz.de/10014542133
We estimate the effects of robot adoption on firm-level and worker-level outcomes in the Netherlands using a large employer-employee panel dataset spanning 2009-2020. Our firm-level results confirm previous findings, with positive effects on value added and hours worked for robot-adopting firms...
Persistent link: https://www.econbiz.de/10014296741
-related aspects. Labor market pressures are felt around the globe, and robots and automation increasingly become reality. However …
Persistent link: https://www.econbiz.de/10011348257
Robots, that is any sort of machinery from computers to artificial intelligence programs that provides a good … reduce opportunities for good jobs and pay. But, with appropriate policies, the higher productivity due to robots can improve …
Persistent link: https://www.econbiz.de/10011404828
We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of perpetual growth, even in the absence of technological progress; (ii) the long-run economic growth rate declines with population growth, which is consistent with the available...
Persistent link: https://www.econbiz.de/10011555352
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...
Persistent link: https://www.econbiz.de/10011620795
countries (Goos, Manning, and Salomons, 2014). So if jobless recoveries in the US are due to technology, we might expect to also … no different in routine-intensive industries. Taken together, this evidence suggests that technology is not causing …
Persistent link: https://www.econbiz.de/10011653198
This paper assesses the importance of digitalization in Germany and other developed countries with a particular attention to the potential or actual impact it may have on the labor market. Referring to available empirical evidence, we document the already developing transformation of occupations...
Persistent link: https://www.econbiz.de/10011663472
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...
Persistent link: https://www.econbiz.de/10011669047