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Erscheinungsjahr: 
2017
Schriftenreihe/Nr.: 
cege Discussion Papers No. 310
Verlag: 
University of Göttingen, Center for European, Governance and Economic Development Research (cege), Göttingen
Zusammenfassung: 
We analyze the effects of declining population growth on automation. A simple theoretical model of capital accumulation predicts that countries with lower population growth introduce automation technologies earlier. We test the theoretical prediction on panel data for 60 countries over the time span 1993-2013. Regression estimates support the theoretical prediction, suggesting that a 1% increase in population growth is associated with an approximately 2% reduction in the growth rate of robot density. Our results are robust to the inclusion of standard control variables, different estimation methods, dynamic specifications, and changes to the measurement of the stock of robots.
Schlagwörter: 
automation
industrial robots
demographic change
population growth
declining labor force
economic growth
JEL: 
J11
O14
O33
O40
Dokumentart: 
Working Paper

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