Showing 1 - 10 of 360
Persistent link: https://www.econbiz.de/10012799311
Persistent link: https://www.econbiz.de/10011925904
Persistent link: https://www.econbiz.de/10011959513
, to more intensive use and development of robots. Using US data, we document that robots substitute for middle … older to middle-aged workers — is associated with greater adoption of robots and other automation technologies across … further predicts that the induced adoption of automation technology should be more pronounced in industries that rely more on …
Persistent link: https://www.econbiz.de/10011820230
We present a three sector OLG model with a homogenous output good that is produced with traditional or robot technology …. The traditional sector produces with labor and capital, whereas the modern sector employs robots instead of labor. We find … that little can prevent the ascent of a modern economy. In particular, whilst robots are perfect substitutes to labor in …
Persistent link: https://www.econbiz.de/10012990486
Persistent link: https://www.econbiz.de/10012606910
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices … to the negative effects of robots on wages. Additionally, investigating only robotizing sectors does not corroborate …
Persistent link: https://www.econbiz.de/10012695996
This paper provides estimates of the impact of demographic change on labor productivity growth, relying on annual data over 1961-2018 for a panel f 90 advanced and emerging economies. We find that increases in both the young and old population shares have significantly negative effects on labor...
Persistent link: https://www.econbiz.de/10012814491
Persistent link: https://www.econbiz.de/10012387238
assume that despite advances in technology, AI and machine learning, certain tasks can be performed only by high … workers and effective number of industrial robots, automation increases rate of long-run growth. We analyse a situation in … which some countries do not use robots at all and other group of countries starts the transition to the economy where …
Persistent link: https://www.econbiz.de/10012125628