Threats and opportunities in the digital era: Automation spikes and employment dynamics
Autor: | Giacomo Domini, Daniele Moschella, Tania Treibich, Marco Grazzi |
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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 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 |
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