Using the universe of firms in Estonia, we study the implications of imports-led and FDI- facilitated automation for … the aggregate labour share of value-added for automation-adopting firms is higher than that for non-adopters and has grown … frequently automate, where the frequency of automation provides rich information on firm automation characteristics. The study …

I examine the asset pricing implications of technological innovations that allow capital to displace labor: automation …. In the model, firms optimally adopt technology to gain competitive advantage in the product market. Although automation …