a sample of advanced economies. Institutions explain a substantial proportion of cross-country variation in automation … vulnerable to holdup. This suggests that automation is used by producers as a tool to thwart rent appropriation by labor. …

We present a framework for understanding the effects of automation and other types of technological changes on labor … allocation of tasks to capital and labor - the task content of production. Automation, which enables capital to replace labor in … a result, automation always reduces the labor share in value added and may reduce labor demand even as it raises …

Prettner (2019) studies the implications of automation for economic growth and the labor share in a variant of the … Solow-Swan model. The aggregate production function allows for two types of capital, traditional and automation capital …. Traditional capital and labor are imperfect substitutes whereas automation capital and labor are perfect substitutes. In this …

To rationalize a substantial income share of labor despite progressive task automation over the centuries, we present a … sophistication. Automation of more sophisticated goods requires capital of increasing quality. Quality capital remains scarce along …

survey (ESJS), jobs are bundled according to their estimated risk of automation. The paper builds on the methodology of … very high risk of automation. The distribution of high automatability across industries and occupations is also found to be …

. Digitalisation and, especially, automation are challenges that must be faced if developing countries are to avoid premature de …