Hutschenreiter, Dennis C.; Santini, Tommaso; Vella, Eugenia - In: SERIEs : Journal of the Spanish Economic Association 13 (2022) 1, pp. 335-362
Empirical evidence in Dauth et al. (J Eur Econ Assoc, 2021) suggests that industrial robot adoption in Germany has led to a sectoral reallocation of employment from manufacturing to services, leaving total employment unaffected. We rationalize this evidence through the lens of a general...