Robots and jobs: evidence from US labor markets

"As robots and other computer-assisted technologies take over tasks previously performed by labor, there is increasing concern about the future of jobs and wages. We analyze the effect of the increase in industrial robot usage between 1990 and 2007 on US local labor markets. Using a model in wh...

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Bibliographic Details
Main Authors: National Bureau of Economic Research, Cambridge, Acemoglu, Daron, Restrepo, Pascual
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Cambridge, MA 2017
NBER
Subjects:
Online Access:https://www.labourline.org/KENTIKA-793112451139-Robots-and-jobs-evidence-from-.htm
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author National Bureau of Economic Research, Cambridge
Acemoglu, Daron
Restrepo, Pascual
author_facet National Bureau of Economic Research, Cambridge
Acemoglu, Daron
Restrepo, Pascual
collection Library items
description "As robots and other computer-assisted technologies take over tasks previously performed by labor, there is increasing concern about the future of jobs and wages. We analyze the effect of the increase in industrial robot usage between 1990 and 2007 on US local labor markets. Using a model in which robots compete against human labor in the production of different tasks, we show that robots may reduce employment and wages, and that the local labor market effects of robots can be estimated by regressing the change in employment and wages on the exposure to robots in each local labor market—defined from the national penetration of robots into each industry and the local distribution of employment across industries. Using this approach, we estimate large and robust negative effects of robots on employment and wages across commuting zones. We bolster this evidence by showing that the commuting zones most exposed to robots in the post-1990 era do not exhibit any differential trends before 1990. The impact of robots is distinct from the impact of imports from China and Mexico, the decline of routine jobs, offshoring, other types of IT capital, and the total capital stock (in fact, exposure to robots is only weakly correlated with these other variables). According to our estimates, one more robot per thousand workers reduces the employment to population ratio by about 0.18-0.34 percentage points and wages by 0.25-0.5 percent."
format TEXT
geographic USA
id 793112451139_9df74f7540264d1c8ebde8bffe55a543
institution ETUI-European Trade Union Institute
is_hierarchy_id 793112451139_9df74f7540264d1c8ebde8bffe55a543
is_hierarchy_title Robots and jobs: evidence from US labor markets
language English
physical 91 p.
Digital
publishDate 2017
publisher Cambridge, MA
NBER
spellingShingle National Bureau of Economic Research, Cambridge
Acemoglu, Daron
Restrepo, Pascual
future of work
labour market
wages
digitalisation
Robots and jobs: evidence from US labor markets
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=105216892349
title Robots and jobs: evidence from US labor markets
topic future of work
labour market
wages
digitalisation
url https://www.labourline.org/KENTIKA-793112451139-Robots-and-jobs-evidence-from-.htm