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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 …
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that are more exposed to automation in the U.S. through trade fared in exports and employment outcomes. The results show … growth in exports per worker from Mexico to the U.S. by 6.7 percent. Higher exposure to U.S. automation did not affect wage ….S. automation reduced manufacturing wage employment in areas where occupations were initially more susceptible to being automated …
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developments, some argue that large shares of jobs are "at risk of automation", spurring public fears of massive job-losses and …. First, the chapter discusses estimates of automation potentials, showing that many estimates are severely upward biased …
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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 …
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