Competing with Robots: Firm-Level Evidence from France
Name
pandp.20201003.pdf
Description
Published version
Size
911.58 KB
Format
Unknown
Checksum (MD5)
17f7b24b940a9e312d50301f01347b40
Author(s)
Acemoglu, K. Daron
Lelarge, Claire
Restrepo, Pascual
Date Issued
2020
Journal
American Economic Association Papers and Proceedings
Publisher
American Economic Association
Version
Final published version
Abstract
We study the firm-level implications of robot adoption in France. Of 55,390 firms in our sample, 598 adopted robots between 2010 and 2015, but these firms accounted for 20 percent of manufacturing employment. Adopters experienced significant declines in labor shares, the share of production workers in employment, and increases in value added and productivity. They expand their overall employment as well. However, this expansion comes at the expense of competitors, leading to an overall negative association between adoption and employment. Robot adoption has a large impact on the labor share because adopters are larger and grow faster than their competitors.
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/10.1257/PANDP.20201003
