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The impact of robots on employment and trade is a highly discussed topic in the academic and public debates … advantage. We provide evidence on the effects of robots on worldwide employment, including emerging economies. To instrument the …. Robots turn out to have a significantly negative impact on worldwide employment. While it is small in developed countries …
Persistent link: https://www.econbiz.de/10012431525
The impact of robots on employment and trade is a highly discussed topic in the academic And public debates … advantage. We provide evidence on the effects of robots on worldwide employment, including emerging economies. To instrument the …. Robots turn out to have a significantly negative impact on worldwide employment. While it is small in developed countries …
Persistent link: https://www.econbiz.de/10012175271
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This study investigates the multidimensional connectedness between various Fourth Industrial Revolution assets and global commodities to analyze their role in portfolio diversification. Using dynamic conditional correlation-generalized autoregressive conditional heteroskedasticity (DCC-GARCH),...
Persistent link: https://www.econbiz.de/10014383505
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-related aspects. Labor market pressures are felt around the globe, and robots and automation increasingly become reality. However …The world is changing rapidly. This paper describes key shifts and it discusses their likely impacts on employment …
Persistent link: https://www.econbiz.de/10011279740
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: 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 …
Persistent link: https://www.econbiz.de/10012302048
suggest that higher penetration of industrial robots in the local labor market is positively related to the health of the low …-skilled population. A ten percent increase in robots per 1,000 workers is associated with an approximately 10% reduction in the fraction …
Persistent link: https://www.econbiz.de/10012244347