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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
the world input output table, we provide evidence for automation-driven reshoring. On aver- age, within manufacturing …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 …
Persistent link: https://www.econbiz.de/10012309562
the world input output table, we provide evidence for automation-driven reshoring. On average, within manufacturing …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 …
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
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 …
Persistent link: https://www.econbiz.de/10011668997
Persistent link: https://www.econbiz.de/10012237227
I study the trade-induced restructuring process using a novel measure of new work that captures the firm's demand for jobs employing new knowledge, skills, and technologies. To construct measures of new work, I identify newly emerged job titles using word embedding models. Using both regional...
Persistent link: https://www.econbiz.de/10013170443
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
The purpose of this paper is to investigate the mechanisms underlying the relationship between automation and labor … realize the tasks necessary for the production process. The two scenarios considered, with and without automation, confirm … that automation is indeed a key factor in polarizing the structure of skill demand and increasing wage inequality. This …
Persistent link: https://www.econbiz.de/10012625746
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