Robotization and returns to tasks
Lucas Parmentier ()
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Lucas Parmentier: University of La Réunion
Economics Bulletin, 2024, vol. 44, issue 4, 1545 - 1551
Abstract:
I provide new evidence of the impacts of robotization on the returns to tasks in US labor markets between 1990 and 2007. I find that the adoption of one robot per thousand workers increases the changes in the returns to abstract and routine tasks by 0.049 and 0.066 percentage points, respectively, relative to manual tasks. These magnitudes imply that the adoption of one robot per thousand workers has substantial effects on wages since it increases wages by 1.70% due to the positive impact of robotization on the returns to abstract tasks, and by 3.76% due to the positive effects on the returns to routine tasks. The results are robust to various specifications.
Keywords: Robotization; Tasks; Wages; Automation; Technological change (search for similar items in EconPapers)
JEL-codes: J3 (search for similar items in EconPapers)
Date: 2024-12-30
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-24-00226
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