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来源类型Working Paper
规范类型报告
DOI10.3386/w29220
来源IDWorking Paper 29220
Simulating Endogenous Global Automation
Seth G. Benzell; Laurence J. Kotlikoff; Guillermo LaGarda; Victor Yifan Ye
发表日期2021-09-13
出版年2021
语种英语
摘要This paper develops a 17-region, 3-skill group, overlapping generations, computable general equilibrium model to evaluate the global consequences of automation. Automation, modeled as capital- and high-skill biased technological change, is endogenous with regions adopting new technologies when profitable. Our approach captures and quantifies key macro implications of a range of foundational models of automation. In our baseline scenario, automation has a moderate effect on regional outputs and a small effect on world interest rates. However, it has a major impact on inequality, both wage inequality within regions and per capita GDP inequality across regions. We examine two policy responses to technological change -- mandating use of the advanced technology and providing universal basic income to share gains from automation. The former policy can raise a region's output, but at a welfare cost. The latter policy can transform automation into a win-win for all generations in a region.
主题Macroeconomics ; Macroeconomic Models ; Consumption and Investment ; International Economics ; International Macroeconomics ; Development and Growth ; Innovation and R& ; D ; Growth and Productivity
URLhttps://www.nber.org/papers/w29220
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/586894
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GB/T 7714
Seth G. Benzell,Laurence J. Kotlikoff,Guillermo LaGarda,et al. Simulating Endogenous Global Automation. 2021.
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