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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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We study the implications of robot adoption at the level of individual firms using a rich panel data-set of Spanish manufacturing firms over a 27-year period (1990-2016). We focus on three central questions: (1) Which firms adopt robots? (2) What are the labor market effects of robot adoption at...
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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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The authors explore the impact of artificial intelligence on the economy by improving the neoclassical production function and the task-based model. Based on the capital accumulation of artificial intelligence and technological progress, they present a theoretical model that explores the effect...
Persistent link: https://www.econbiz.de/10012060689
contribution of automation to the task content and skills complexity of the jobs of incumbent workers. Despite the recent focus on … the polarising impact of automation and associated reskilling needs of lower-skilled individuals, our evidence also draws …
Persistent link: https://www.econbiz.de/10012062977
This paper investigates several channels through which automation affects an emerging economy. Building on a Ricardian …, it is shown that domestic and foreign automation have differential effects on labor markets. Based on this model, the … impact of automation on local labor markets in Brazil are estimated using a shift-share approach. Local labor market …
Persistent link: https://www.econbiz.de/10012064139