G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14249
DP14249 Automating Labor: Evidence from Firm-level Patent Data
Antoine Dechezleprêtre; David Hemous; Morten Olsen; carlo Zanella
发表日期2019-12-25
出版年2019
语种英语
摘要Do higher wages lead to more automation innovation? To answer this question, we first introduce a new measure of automation by using the frequency of certain keywords in patent text to identify automation innovations in machinery. We validate our measure by showing that it is correlated with a reduction in routine tasks in a cross-sectoral analysis in the US. Then we build a firm-level panel dataset on automation patents. We combine macroeconomic data from 41 countries and information on geographical patent history to build firm-specific measures of low-skill and high-skill wages. We find that an increase in low-skill wages leads to more automation innovation with an elasticity between 2 and 4. An increase in high-skill wages tends to reduce automation innovation. Placebo regressions show that the effect is specific to automation innovations. Finally, we use the Hartz labor market reforms in Germany for an event study and find that they are associated with a relative reduction in automation innovations.
主题Labour Economics ; Macroeconomics and Growth
关键词Automation Innovation Patents Income inequality
URLhttps://cepr.org/publications/dp14249
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/543135
推荐引用方式
GB/T 7714
Antoine Dechezleprêtre,David Hemous,Morten Olsen,et al. DP14249 Automating Labor: Evidence from Firm-level Patent Data. 2019.
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