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dc.contributor.authorAcemoglu, Daron
dc.contributor.authorRestrepo, Pascual
dc.date.accessioned2022-08-24T17:31:25Z
dc.date.available2022-08-24T17:31:25Z
dc.date.issued2022
dc.identifier.urihttps://hdl.handle.net/1721.1/144423
dc.description.abstract<jats:title>Abstract</jats:title> <jats:p>We argue theoretically and document empirically that aging leads to greater (industrial) automation, because it creates a shortage of middle-aged workers specializing in manual production tasks. We show that demographic change is associated with greater adoption of robots and other automation technologies across countries and with more robotics-related activities across U.S. commuting zones. We also document more automation innovation in countries undergoing faster aging. Our directed technological change model predicts that the response of automation technologies to aging should be more pronounced in industries that rely more on middle-aged workers and those that present greater opportunities for automation and that productivity should improve and the labor share should decline relatively in industries that are more amenable to automation. The evidence supports all four of these predictions.</jats:p>en_US
dc.language.isoen
dc.publisherOxford University Press (OUP)en_US
dc.relation.isversionof10.1093/RESTUD/RDAB031en_US
dc.rightsCreative Commons Attribution-Noncommercial-Share Alikeen_US
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/4.0/en_US
dc.sourceMIT web domainen_US
dc.titleDemographics and Automationen_US
dc.typeArticleen_US
dc.identifier.citationAcemoglu, Daron and Restrepo, Pascual. 2022. "Demographics and Automation." Review of Economic Studies, 89 (1).
dc.contributor.departmentMassachusetts Institute of Technology. Department of Economics
dc.relation.journalReview of Economic Studiesen_US
dc.eprint.versionAuthor's final manuscripten_US
dc.type.urihttp://purl.org/eprint/type/JournalArticleen_US
eprint.statushttp://purl.org/eprint/status/PeerRevieweden_US
dc.date.updated2022-08-24T17:25:45Z
dspace.orderedauthorsAcemoglu, D; Restrepo, Pen_US
dspace.date.submission2022-08-24T17:25:46Z
mit.journal.volume89en_US
mit.journal.issue1en_US
mit.licenseOPEN_ACCESS_POLICY
mit.metadata.statusAuthority Work and Publication Information Neededen_US


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