Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/282124 
Erscheinungsjahr: 
2023
Schriftenreihe/Nr.: 
Discussion Paper No. 432
Verlag: 
Ludwig-Maximilians-Universität München und Humboldt-Universität zu Berlin, Collaborative Research Center Transregio 190 - Rationality and Competition, München und Berlin
Zusammenfassung: 
We examine the impact of labor market power on firms' adoption of automation technologies. We develop a model that incorporates labor market power into the task-based theory of automation. We show that, due to higher marginal cost of labor, monopsonistic firms have stronger incentives to automate than wage-taking firms, which could amplify or mitigate the negative employment effects of automation. Using data from US commuting zones, our results show that commuting zones that are more exposed to industrial robots exhibit considerably larger reductions in both employment and wages when their labor markets demonstrate higher levels of concentration.
Schlagwörter: 
automation
employment
labor market concentration
industrial robots
wage setting
JEL: 
J23
J30
J42
L11
O33
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
340.3 kB





Publikationen in EconStor sind urheberrechtlich geschützt.