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In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices … industries leads to a sizable drop of the productivity effects, halving the effect size for labor productivity and insignificant … controlling for demographic workforce characteristics is essential for obtaining significant labor productivity effects and leads …
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workers and effective number of industrial robots, automation increases rate of long-run growth. We analyse a situation in …This paper examines the implications of automation capital in a Solow growth model with two types of labour. We study …-skilled labour and are not automatable. We show that under these assumptions, automation capital does not generate endogenous growth …
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In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices … variables reestablishes the productivity effects, but still rejects positive wage effects and skill-biased technological change …
Persistent link: https://www.econbiz.de/10012504766
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices … workforce variables reestablishes the productivity effects, but still rejects positive wage effects and skill …
Persistent link: https://www.econbiz.de/10012432819
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from country industry variation in the adoption of robots. Our model also implies that the productivity implications of …, to more intensive use and development of robots. Using US data, we document that robots substitute for middle … older to middle-aged workers — is associated with greater adoption of robots and other automation technologies across …
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