Productive robots and industrial employment: the role of national innovation systems

Kapetaniou, Chrystalla and Pissarides, Christoforos Antoniou ORCID: 0000-0002-0695-058X (2023) Productive robots and industrial employment: the role of national innovation systems. CEP Discussion Papers (CEPDP1906). London School of Economics and Political Science. Centre for Economic Performance, London, UK.

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Abstract

In a model with robots, and automatable and non-automatable human tasks, we examine robot-labour substitutions and show how they are influenced by a country's 'innovation system'. Substitution depends on demand and production elasticities, and other factors influenced by the innovation system. Making use of World Economic Forum data we estimate the relationship for thirteen countries and find that countries with poor innovation capabilities substitute robots for workers much more than countries with richer innovation capabilities, which generally complement them. In transport equipment and non-manufacturing robots and workers are stronger substitutes than in other manufacturing.

Item Type:	Monograph (Discussion Paper)
Official URL:	https://cep.lse.ac.uk/_new/publications/discussion...
Additional Information:	© 2023 The Author(s)
Divisions:	Economics
Subjects:	H Social Sciences > HC Economic History and Conditions H Social Sciences > HD Industries. Land use. Labor
JEL classification:	J - Labor and Demographic Economics > J2 - Time Allocation, Work Behavior, and Employment Determination and Creation; Human Capital; Retirement > J23 - Employment Determination; Job Creation; Demand for Labor; Self-Employment L - Industrial Organization > L6 - Industry Studies: Manufacturing > L60 - General O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O33 - Technological Change: Choices and Consequences; Diffusion Processes O - Economic Development, Technological Change, and Growth > O5 - Economywide Country Studies > O52 - Europe
Date Deposited:	24 Jan 2024 11:48
Last Modified:	14 Sep 2024 04:41
URI:	http://eprints.lse.ac.uk/id/eprint/121320

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