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automation also helps improve productivity of old age groups but in a different way. When robot density increases, old age groups …
Persistent link: https://www.econbiz.de/10012242100
With the rapid development of intelligent production technology, using the advantage of industrial robots to promote corporate green development has become an inevitable trend. The study conducts an empirical test using 916 Chinese A-share listed companies from 2011 to 2019. Results indicate...
Persistent link: https://www.econbiz.de/10015054142
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices and adversely affect the employment share of lowskilled labor. We demonstrate that these effects are heavily influenced by the sample composition and argue that focusing on...
Persistent link: https://www.econbiz.de/10012695996
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices and adversely aect the employment share of low-skilled labor. We show that these effects hold only, when comparing hardly-robotizing with highly-robotizing sectors and...
Persistent link: https://www.econbiz.de/10012504766
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices and adversely affect the employment share of low-skilled labor. We show that these effects hold only, when comparing hardly-robotizing with highly-robotizing sectors and...
Persistent link: https://www.econbiz.de/10012432819
The world is changing rapidly. This paper describes key shifts and it discusses their likely impacts on employment-related aspects. Labor market pressures are felt around the globe, and robots and automation increasingly become reality. However, there will be no "end of work". Rather, it is that...
Persistent link: https://www.econbiz.de/10011279740
Technological advancements bring changes to our life, altering our behaviors as well as our role in the economy. In this paper, we examine the potential effect of the rise of robotic technology on health. The results of the analysis suggest that higher penetration of industrial robots in the...
Persistent link: https://www.econbiz.de/10012244347
Several recent theories emphasize the negative effects of an aging population on economic growth, either because of the lower labor force participation and productivity of older workers or because aging will create an excess of savings over desired investment, leading to secular stagnation. We...
Persistent link: https://www.econbiz.de/10011689142
Persistent link: https://www.econbiz.de/10013174358
China. A key contribution of this paper is that we have collected some of the world's first data on firms' robot adoption …China is the world's largest user of industrial robots. In 2016, sales of industrial robots in China reached 87 …,000 units, accounting for around 30 percent of the global market. To put this number in perspective, robot sales in all of …
Persistent link: https://www.econbiz.de/10012867181