Robots and Jobs: Evidence from US Labor Markets
Name
705716.pdf
Description
Published version
Size
2.82 MB
Format
Adobe PDF
Checksum (MD5)
af5b2c1c3bea28207341781b0c380dd9
Author(s)
Acemoglu, K. Daron
Date Issued
April 2020
Journal
The Journal of Political Economy
Publisher
University of Chicago Press
Citation
Acemoglu, Daron and Pascual Restrepo. “Robots and Jobs: Evidence from US Labor Markets.” The Journal of Political Economy, 128, 6 (April 2020): 2188-2244 © 2020 The Author(s)
Version
Final published version
Abstract
We study the effects of industrial robots on US labor markets. We showtheoretically that robots may reduce employment and wages and thattheir local impacts can be estimated using variation in exposure to ro-bots—defined from industry-level advances in robotics and local indus-try employment. We estimate robust negative effects of robots on em-ployment and wages across commuting zones. We also show that areasmost exposed to robots after 1990 do not exhibit any differential trendsbefore then, and robots’impact is distinct from other capital and tech-nologies. One more robot per thousand workers reduces the employment-to-population ratio by 0.2 percentage points and wages by 0.42%.
MIT Department
Massachusetts Institute of Technology. Department of Economics
Terms of Use
Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.
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DOI of Published Version
https://doi.org/10.1086/705716