Artikel
Automation and sectoral reallocation
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 equilibrium model with two sectors, matching frictions and endogenous participation. Automation induces firms to create fewer vacancies and job seekers to search less in the automatable sector (manufacturing). The service sector expands due to the sectoral complementarity in the production of the final good and a positive wealth effect for the household. Analysis across steady states shows that the reduction in manufacturing employment can be offset by the increase in service employment. The model can also replicate the magnitude of the decline in the ratio of manufacturing employment to service employment in Germany between 1994 and 2014.
- Sprache
-
Englisch
- Erschienen in
-
Journal: SERIEs - Journal of the Spanish Economic Association ; ISSN: 1869-4195 ; Volume: 13 ; Year: 2022 ; Issue: 1 ; Pages: 335-362
- Klassifikation
-
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Time Allocation and Labor Supply
Labor Demand
Industrialization; Manufacturing and Service Industries; Choice of Technology
Technological Change: Choices and Consequences; Diffusion Processes
- Thema
-
Automation
Manufacturing
Matching frictions
Participation
Productivity
Sectoral reallocation
Services
Vacancy creation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hutschenreiter, Dennis C.
Santini, Tommaso
Vella, Eugenia
- Ereignis
-
Veröffentlichung
- (wer)
-
Springer
- (wo)
-
Heidelberg
- (wann)
-
2022
- DOI
-
doi:10.1007/s13209-021-00240-w
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Hutschenreiter, Dennis C.
- Santini, Tommaso
- Vella, Eugenia
- Springer
Entstanden
- 2022
Ähnliche Objekte (12)
Reallocation of Capital and Labor within Firms
Fodder crop re-allocation sustainability and risk efficiency
Sectoral labour reallocation: An agent-based model of structural change and growth
Industrial decline and labor reallocation in a transforming economy: Romania in early transition
Modelling reallocation processes in long-term labour market projections
Labor reallocation and firm growth: Benchmarking transition countries against mature market economies
Competition, Technological Change and Productivity Gains: A Sectoral Analysis
Electricity consumption and sectoral output in Uganda: An empirical investigation
Impact of trade liberalisation on formal-informal interlinkages in India: Does sectoral labour mobility matter?
The dog that barks doesn't bite: Coverage and compliance of sectoral minimum wages in Italy
Regulation, resource reallocation and productivity growth
The aggregate effects of long run sectoral reallocation
Reallocation of Capital and Labor within Firms
Fodder crop re-allocation sustainability and risk efficiency
Sectoral labour reallocation: An agent-based model of structural change and growth
Industrial decline and labor reallocation in a transforming economy: Romania in early transition
Modelling reallocation processes in long-term labour market projections
Labor reallocation and firm growth: Benchmarking transition countries against mature market economies
Competition, Technological Change and Productivity Gains: A Sectoral Analysis
Electricity consumption and sectoral output in Uganda: An empirical investigation
Impact of trade liberalisation on formal-informal interlinkages in India: Does sectoral labour mobility matter?
The dog that barks doesn't bite: Coverage and compliance of sectoral minimum wages in Italy
Regulation, resource reallocation and productivity growth
The aggregate effects of long run sectoral reallocation
Reallocation of Capital and Labor within Firms
Fodder crop re-allocation sustainability and risk efficiency
Sectoral labour reallocation: An agent-based model of structural change and growth
Industrial decline and labor reallocation in a transforming economy: Romania in early transition
Modelling reallocation processes in long-term labour market projections
Labor reallocation and firm growth: Benchmarking transition countries against mature market economies
Competition, Technological Change and Productivity Gains: A Sectoral Analysis
Electricity consumption and sectoral output in Uganda: An empirical investigation
Impact of trade liberalisation on formal-informal interlinkages in India: Does sectoral labour mobility matter?
The dog that barks doesn't bite: Coverage and compliance of sectoral minimum wages in Italy
Regulation, resource reallocation and productivity growth