1. The contribution of robots to productivity growth in 30 OECD countries over 1975–2019
- Author
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Aurélien Devillard, Gilbert Cette, Vincenzo Spiezia, Banque de France (Banque de France), Banque de France, Aix-Marseille Sciences Economiques (AMSE), École des hautes études en sciences sociales (EHESS)-Aix Marseille Université (AMU)-École Centrale de Marseille (ECM)-Centre National de la Recherche Scientifique (CNRS), The Organisation for Economic Coopération and Development (OECD), École des hautes études en sciences sociales (EHESS)-École Centrale de Marseille (ECM)-Centre National de la Recherche Scientifique (CNRS)-Aix Marseille Université (AMU), and Organisation de Coopération et de Développement Economiques = Organisation for Economic Co-operation and Development (OCDE)
- Subjects
Economics and Econometrics ,productivity ,growth ,05 social sciences ,Oecd countries ,International economics ,Growth accounting ,[SHS.ECO]Humanities and Social Sciences/Economics and Finance ,Eastern european ,Capital deepening ,JEL: O - Economic Development, Innovation, Technological Change, and Growth/O.O3 - Innovation • Research and Development • Technological Change • Intellectual Property Rights/O.O3.O33 - Technological Change: Choices and Consequences • Diffusion Processes ,0502 economics and business ,8. Economic growth ,Economics ,robots ,JEL: O - Economic Development, Innovation, Technological Change, and Growth/O.O4 - Economic Growth and Aggregate Productivity/O.O4.O47 - Empirical Studies of Economic Growth • Aggregate Productivity • Cross-Country Output Convergence ,050207 economics ,JEL: O - Economic Development, Innovation, Technological Change, and Growth/O.O3 - Innovation • Research and Development • Technological Change • Intellectual Property Rights/O.O3.O31 - Innovation and Invention: Processes and Incentives ,Productivity ,Total factor productivity ,Finance ,050205 econometrics - Abstract
International audience; Using a new and original database, our paper contributes to the growth accounting literature by singling out the contribution of robots through two channels: capital deepening and TFP. The contribution of robots to productivity growth through capital deepening and TFP appears to have been significant in Germany and Japan in the sub-period 1975–1995 and in several Eastern European countries in 2005–2019. However, robotization does not appear to be the source of a significant revival in productivity.
- Published
- 2021
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