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Based on the methodology proposed by Frey and Osborne (2017), we use their estimates for the probability of automation … assessment for the threat that automation may pose to the Mexican labor market. We find that almost two thirds of total … employment is at high risk of automation; slightly more than half if we only consider employment in the formal sector. We argue …
Persistent link: https://www.econbiz.de/10012224000
artificial intelligence seem to offer a vast potential to boost productivity and living standards. However, aggregate … productivity growth has declined sharply across the OECD over the past decades. Estonia is no exception, though it is well placed … digital infrastructure and world-leading e-government services. Turning this potential into a productivity boost necessitates …
Persistent link: https://www.econbiz.de/10012421214
This paper presents a new framework for analyzing automation, robotics, and hightech, which differs from the canonical … effects of an increased use of robotics on inequality. We show that robots affect the "matching effect" between abilities and … education, and in consequence, inequality increases. We also show that wages and productivity gaps between high-tech and low …
Persistent link: https://www.econbiz.de/10014439466
been uneven across industries and the impact on productivity growth in most firms has been modest so far. …
Persistent link: https://www.econbiz.de/10012259021
types of capital: traditional physical capital (machines, assembly lines), industrial robots, and AI. Following the … literature, we assume that industrial robots predominantly substitute for low-skill workers, whereas AI mainly helps to perform …
Persistent link: https://www.econbiz.de/10014529725
We develop an endogenous growth model which is focussed on entrepreneurial skills and their impact on growth and convergence. Our work is closely related to the model by Acemoglu et al. (2006) but extends their analysis in some important respects. Entrepreneurs in our model dispose of two...
Persistent link: https://www.econbiz.de/10003782309
We investigate the impact of product market competition on firms’ automation investments. We use a rich combination of … competition in export markets tend to reduce investments in automation technologies. These average negative effects are driven by … the least productive firms, while the most efficient exporters in industries that are more prone to automation tend to …
Persistent link: https://www.econbiz.de/10014487176
This paper examines the empirical implications of technological changes for skill demand and wage inequality in Indonesia. According to the National Labor Force Survey of Indonesia, the share of educated workers and wage skill premium increased significantly over 2003-2009 for overall industry...
Persistent link: https://www.econbiz.de/10009734161
This paper examines the empirical implications of technological changes for skill demand and wage inequality in Indonesia. According to the National Labor Force Survey of Indonesia, the share of educated workers and wage skill premium increased significantly over 2003-2009 for overall industry...
Persistent link: https://www.econbiz.de/10013083815
This paper draws on existing empirical literature and an original theoretical model to argue that globalization and skill supply affect the extent to which technology adoption in developing countries favors skilled workers. Developing countries are experiencing technical change that is...
Persistent link: https://www.econbiz.de/10013085139