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robots. However, controlling for plant size, we find that plant-level productivity has no, if not negative, impact on robot …
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probability of robot adoption. However, controlling for plant size, we find that plant-level productivity has no, if not negative …
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The decline in the U.S. labor share is far from uniform across firms. While the aggregate labor share has declined, especially in manufacturing, retail, and wholesale, the labor share of a typical firm in these industries has risen. This paper studies the dynamics of the substitution of capital...
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