Threats and opportunities in the digital era: Automation spikes and employment dynamics

Autor: Giacomo Domini, Daniele Moschella, Tania Treibich, Marco Grazzi
Přispěvatelé: Erasmus University College, RS: GSBE Theme Data-Driven Decision-Making, Macro, International & Labour Economics
Jazyk: angličtina
Rok vydání: 2021
Předmět:
POLARIZATION
INVESTMENT
IMPACT
Digital era
Strategy and Management
Settore SECS-P/02 - POLITICA ECONOMICA
Capital good
Management Science and Operations Research
050905 science studies
INTERNATIONAL-TRADE
o33 - "Technological Change: Choices and Consequences
Diffusion Processes"
Automation
FUTURE
Gross worker flows
Management of Technology and Innovation
0502 economics and business
Firm Performance: Size
GROSS JOB CREATION
j23 - Labor Demand
Labor Demand
Industrial organization
FIRM-LEVEL EVIDENCE
TECHNOLOGICAL-CHANGE
Technological change
ComputingMilieux_THECOMPUTINGPROFESSION
business.industry
Skills
l25 - Firm Performance: Size
05 social sciences
Employment growth
Investment (macroeconomics)
and Scope
SIZE
Dynamics (music)
Diversification
l25 - Firm Performance: Size
Diversification
and Scope

8. Economic growth
Workforce
GROWTH
Business
0509 other social sciences
Technological Change: Choices and Consequences
Diffusion Processes
050203 business & management
Zdroj: Research Policy
Research Policy, 50(7). Elsevier
Research Policy, 50(7):104137. Elsevier
ISSN: 0048-7333
Popis: This paper investigates the change in worker flows (i.e. net growth, but also hiring and separation rates) around an investment in automation-intensive goods and, within firms, across occupational categories. Resorting to an integrated dataset encompassing detailed information on firms, their imports, and employer-employee data for French manufacturing employers over the period 2002–2015, we identify ‘automation spikes’ using imports of capital goods embedding automation technologies. Even after controlling for firms’ non-random selection into automation, we find that automation spikes are linked to an increase in firms’ contemporaneous net employment growth rate, jointly explained by a higher hiring rate and a lower separation rate. Furthermore, we find that automation spikes are not associated with significant changes in the composition of the workforce (in terms of 1-digit and 2-digit occupational categories, and routine-intensive vs. non routine-intensive jobs).
Databáze: OpenAIRE