Induced Automation Innovation: Evidence from Firm-Level Patent Data

被引:0
作者
Hemous, David [1 ,2 ]
Olsen, Morten [3 ]
Zanella, Carlo [4 ]
Dechezlepretre, Antoine [5 ]
机构
[1] Univ Zurich, Zurich, Switzerland
[2] Ctr Econ Policy Res, Zurich, Switzerland
[3] Univ Copenhagen, Copenhagen, Denmark
[4] Swiss Life Asset Managers, Zurich, Switzerland
[5] Org Econ Cooperat & Dev, Zurich, Switzerland
基金
欧洲研究理事会;
关键词
MACHINES; TECHNOLOGY; WORKERS; GROWTH; ROBOTS; INPUT; SHARE; TRADE; COUNT; WAGES;
D O I
10.1086/734778
中图分类号
F [经济];
学科分类号
02 ;
摘要
Do higher wages induce more automation innovation? We identify automation patents in machinery. We show that a higher automation intensity predicts a decline in routine tasks across US sectors. Then, we estimate how innovating firms respond to changes in their downstream firms' low- and high-skill wages. We compute these wages by combining macroeconomic data on 41 countries with innovating firms' global market exposure. Higher low-skill wages increase automation innovation (but not other machinery innovation), with an elasticity of 2-5. Finally, we show that the German Hartz labor market reforms reduced automation innovations by foreign firms more exposed to Germany.
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页数:54
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