Automation and productivity—a cross-country, cross-industry comparison
Lene Kromann,
Nikolaj Malchow-Møller,
Jan Rose Skaksen and
Anders Sørensen
Industrial and Corporate Change, 2020, vol. 29, issue 2, 265-287
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.
JEL-codes: C23 J24 O33 O47 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (31)
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