We study the impact of a recent digital automation technology - industrial robotics - on the distribution of sales …, productivity, markups, and profits within industries. Our empirical analysis combines data on the industry-level stock of … industrial robots with firms' balance sheet data for six European countries from 2004 to 2013. We find that robots dis …

the (future) challenges of automation (creating the concept of the "MIT 2.0") and discuss the implications for developing … Asia. In particular, we analyze the impacts of automation, artificial intelligence, and digitalization on the growth …, particularly the upgrading of skills needed with the rapid advance of automation, will be key success factors for overcoming the …

Revolution and the (future) challenges of automation (creating the concept of the “MIT 2.0”). In particular, we analyze the … impacts of automation, artificial intelligence, and digitalization on the growth drivers of middle-income countries and the … MIT mechanism. We show that automation reduces the initial growth push for developing countries and leads to an earlier …

We introduce automation into the standard Solovian model of capital accumulation and show that (i) there is the … diverted to automation that maximizes the long-run growth rate of the economy; (iv) the labor share declines with automation to …

We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of … automation that maximizes long-run growth; (iv) the labor share declines with automation to an extent that fits to the observed …

substantial share of cross-country variation in automation. The relationship between institutions and robots is stronger in sunk …What drives investment in automation technologies? This paper documents a positive relationship between labor …-friendly institutions and investment in industrial robots in a sample of developing and advanced economies. Institutions explain a …

This paper documents a positive relationship between labor-friendly institutions and investment in industrial robots in … a sample of advanced economies. Institutions explain a substantial proportion of cross-country variation in automation …. The relationship between institutions and robots is stronger in sunk cost-intensive industries, where producers are more …

This paper examines the labor market implications of investment in automation over the life cycle of ICT and robot … these automation technologies and identify the phases of acceleration and deceleration in investment. We then examine how … exposure to these automation technologies affects employment and wages across these different phases of their life cycle. We …