Alonso, Cristian; Berg, Andrew; Kothari, Siddharth; … - 2020
: improvements in the productivity of 'robots' drive divergence, as advanced countries differentially benefit from their initially … higher robot intensity, driven by their endogenously higher wages and stock of complementary traditional capital. In addition … extended model where robots substitute only for unskilled labor, the terms of trade, and hence GDP, may decline permanently for …