Arbeitspapier

Robots at work? Pitfalls of industry level data

In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices and adversely affect the employment share of low-skilled labor. We show that these effects hold only, when comparing hardly-robotizing with highly-robotizing sectors and collapse, when only the latter are analyzed. Controlling for demographic workforce variables reestablishes the productivity effects, but still rejects positive wage effects and skill-biased technological change. Additionally, we find no effects, when the investigation period is extended to the most recent data (2008-2015) and document non-monotonicity in one of the instruments, which calls the respective results into question.

Sprache
Englisch

Erschienen in
Series: IHS Working Paper ; No. 30

Klassifikation
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Human Capital; Skills; Occupational Choice; Labor Productivity
Wage Level and Structure; Wage Differentials
Industry Studies: Manufacturing: General
Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
Thema
Robots
Productivity
Technological Change

Ereignis
Geistige Schöpfung
(wer)
Bekhtiar, Karim
Bittschi, Benjamin
Sellner, Richard
Ereignis
Veröffentlichung
(wer)
Institut für Höhere Studien - Institute for Advanced Studies (IHS)
(wo)
Vienna
(wann)
2021

Handle
Letzte Aktualisierung
10.03.2025, 11:45 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.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bekhtiar, Karim
  • Bittschi, Benjamin
  • Sellner, Richard
  • Institut für Höhere Studien - Institute for Advanced Studies (IHS)

Entstanden

  • 2021

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