Technological change and unemployment: evidence from China
Yuhong Du and
Xiahai Wei
Applied Economics Letters, 2022, vol. 29, issue 9, 851-854
Abstract:
This study investigates the impact of technological change on unemployment in China’s labour market based on a recent panel data of 283 prefectural-level cities from 2010 to 2017. The results obtained by the system Generalized Method of Moments (GMM-SYS) estimation show that massive adoption of robots is a significant driving force raising unemployment rate while there is a reverse change in the longer period; the insignificant estimates of utility patent and its lagged terms indicate the weak and non-persistent relationship between unemployment and patent-related innovation.
Date: 2022
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DOI: 10.1080/13504851.2021.1896666
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