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In recent years, there has been growing interest in industrial systems, especially in robotic manipulators and mobile robot systems. As the cost of robots goes down and robots become more compact, the number of industrial applications of robotic systems increases. Moreover, there is need to...
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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 …
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ideology scores from the Manifesto Project. We measure exposure to automation both at the regional level, based on the ex …
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We document a strong negative link between self-employment and the rate of digital adoption by firms in developing and emerging economies. No link between digital adoption and the unemployment rate is found, however. To explain this evidence, we build a general equilibrium search-and-matching...
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