robot tax that has featured prominently in the policy debate on automation and show that it could raise the capital stock …We analyze the long-run growth effects of automation in the canonical overlapping generations framework. While … automation implies constant returns to capital within this model class (even in the absence of technological progress), we show …

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 …

We propose a theoretical framework to analyze the offshoring and reshoring decisions of firms in the age of automation …. Our theory suggests that increasing productivity in automation leads to a relocation of previously offshored production … it leads also to increasing wages for high-skilled workers, automation induced reshoring is associated with an increasing …

We propose a theoretical framework to analyze the offshoring and reshoring decisions of firms in the age of automation …. Our theory suggests that increasing productivity in automation leads to a relocation of previously offshored production … it leads also to increasing wages for high-skilled workers, automation-induced reshoring is associated with an increasing …

We propose a theoretical framework to analyze the offshoring and reshoring decisions of firms in the age of automation …. Our theory suggests that increasing productivity in automation leads to a relocation of previously offshored production … it leads also to increasing wages for high-skilled workers, automation induced reshoring is associated with an increasing …

complement non-routine labor. I show that while it is optimal to distort robot adoption, robots may be either taxed or subsidized …. The robot tax exploits general-equilibrium effects to compress the wage distribution. Wage compression reduces income …-tax distortions of labor supply, thereby raising welfare. In the calibrated model, the optimal robot tax for the US is positive and …