Automation and productivity—a cross-country, cross-industry comparison
Author(s) -
Lene Kromann,
Nikolaj MalchowMøller,
Jan Rose Skaksen,
Anders Sørensen
Publication year - 2019
Publication title -
industrial and corporate change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.511
H-Index - 110
eISSN - 1464-3650
pISSN - 0960-6491
DOI - 10.1093/icc/dtz039
Subject(s) - cross country , productivity , automation , industrial organization , economics , business , agricultural economics , engineering , macroeconomics , international economics , mechanical engineering
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.
Accelerating Research
Robert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom
Address
John Eccles HouseRobert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom