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In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices and adversely aect the employment share of low-skilled labor. We show that these effects hold only, when comparing hardly-robotizing with highly-robotizing sectors and...
Persistent link: https://www.econbiz.de/10012504766
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices and adversely affect the employment share of low-skilled labor. We show that these effects hold only, when comparing hardly-robotizing with highly-robotizing sectors and...
Persistent link: https://www.econbiz.de/10012432819
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In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices and adversely affect the employment share of lowskilled labor. We demonstrate that these effects are heavily influenced by the sample composition and argue that focusing on...
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We study the impact of rising robot exposure on the careers of individual manufacturing workers, and the equilibrium … do affect the composition of aggregate employment. Every robot destroys two manufacturing jobs. This accounts for almost … risk for incumbent manufacturing workers. Quite in contrast, more robot exposed workers are even more likely to remain …
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