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.
Original language | English |
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Journal | Industrial and Corporate Change |
Volume | 29 |
Issue number | 2 |
Pages (from-to) | 265-287 |
Number of pages | 23 |
ISSN | 0960-6491 |
DOIs | |
Publication status | Published - Apr 2020 |