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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 …
Persistent link: https://www.econbiz.de/10012309562
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 …
Persistent link: https://www.econbiz.de/10012140102
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 …
Persistent link: https://www.econbiz.de/10011868214
robots, this paper analysis the impact of robots on the wages of workers in the manufacturing sector. The results show that … industrial robots increase wages for high-skilled workers relative to low-skilled workers, hence robots increases the skill … or professional occupations. Overall, our results suggest that the introduction of industrial robots has a positive …
Persistent link: https://www.econbiz.de/10012266979
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 … that it does not have the potential to lead to positive long-growth. The reason is that automation suppresses wages, which …
Persistent link: https://www.econbiz.de/10011668997
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
investment. This allows us to quantify the role of advancement in automation technology in accounting for these labor market … of routine employment and its consequent impacts on inequality. …
Persistent link: https://www.econbiz.de/10012161124
exploiting offshoring. It implies that automation (offshoring) may reduce (raise) employment by lengthening (shortening …We show, theoretically and empirically, that the effects of technological change associated with automation and … is that better matches enjoy a comparative advantage in exploiting automation and a comparative disadvantage in …
Persistent link: https://www.econbiz.de/10012222391
We examine used car dealers' roles as intermediaries. We present empirical evidence supporting that cars sold by dealers have higher quality: (1) dealer transaction prices are higher than private market prices and this dealer premium increases in the age of the car as a ratio and is hump-shaped...
Persistent link: https://www.econbiz.de/10012901533
Persistent link: https://www.econbiz.de/10012237227