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Robotization and returns to tasks

Author

Listed:
  • Lucas Parmentier

    (University of La Réunion)

Abstract

I provide new evidence of the impacts of robotization on the returns to tasks in US labor markets between 1990 and 2007. I find that the adoption of one robot per thousand workers increases the changes in the returns to abstract and routine tasks by 0.049 and 0.066 percentage points, respectively, relative to manual tasks. These magnitudes imply that the adoption of one robot per thousand workers has substantial effects on wages since it increases wages by 1.70% due to the positive impact of robotization on the returns to abstract tasks, and by 3.76% due to the positive effects on the returns to routine tasks. The results are robust to various specifications.

Suggested Citation

  • Lucas Parmentier, 2024. "Robotization and returns to tasks," Economics Bulletin, AccessEcon, vol. 44(4), pages 1545-1551.
    • Handle: RePEc:ebl:ecbull:eb-24-00226
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    File URL: http://www.accessecon.com/Pubs/EB/2024/Volume44/EB-24-V44-I4-P123.pdf
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    More about this item

    Keywords

    Robotization; Tasks; Wages; Automation; Technological change;
    All these keywords.

    JEL classification:

    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs

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