Stiebale, Joel; Südekum, Jens; Woessner, Nicole - 2020
We study the impact of a recent digital automation technology - industrial robotics - on the distribution of sales …, productivity, markups, and profits within industries. Our empirical analysis combines data on the industry-level stock of … industrial robots with firms' balance sheet data for six European countries from 2004 to 2013. We find that robots dis …