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Industrial robots have boosted productivity and growth, but their effect on jobs remains an open question

Graetz, Georg and Michaels, Guy ORCID: 0000-0002-8796-4536 (2015) Industrial robots have boosted productivity and growth, but their effect on jobs remains an open question. LSE European Politics and Policy (EUROPP) Blog (05 Aug 2015). Website.

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Abstract

Robots and automated processes have become a feature of many modern workplaces, but what impact do such innovations have on productivity and jobs? Using a new dataset, Georg Graetz and Guy Michaels present an analysis of the economic effects of robots since the early 1990s, noting that they have made a substantial contribution to productivity and aggregate growth. They also write that while fears of robots destroying jobs on a large scale have proven unfounded, there is evidence that they may reduce the employment of low and middle-skilled workers.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2015 The Author(s)
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JN Political institutions (Europe)
T Technology > T Technology (General)
T Technology > TA Engineering (General). Civil engineering (General)
Date Deposited: 28 Mar 2017 09:46
Last Modified: 13 Sep 2024 23:59
URI: http://eprints.lse.ac.uk/id/eprint/71064

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