Abstract
We investigate the effects of automation on total factor productivity (TFP). Using Industry-level panel data for nine countries, we find that more intensive use of industrial robots has a significantly positive effect on TFP. Specifically, an increase of one standard deviation in the robot intensity is associated with more than 6% higher TFP. Moreover, we find that the robot intensity increases with Chinese import competition and that automation is associated with higher wages and unchanged or higher employment.
Originalsprog | Engelsk |
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Tidsskrift | Industrial and Corporate Change |
Vol/bind | 29 |
Udgave nummer | 2 |
Sider (fra-til) | 265-287 |
Antal sider | 23 |
ISSN | 0960-6491 |
DOI | |
Status | Udgivet - apr. 2020 |