Robots at Work ∗

@inproceedings{Michaels2015RobotsAW,
  title={Robots at Work ∗},
  author={Guy Michaels},
  year={2015}
}
Despite ubiquitous discussions of robots’ potential impact, there is almost no systematic empirical evidence on their economic effects. In this paper we analyze for the first time the economic impact of industrial robots, using new data on a panel of industries in 17 countries from 1993-2007. We find that industrial robots increased both labor productivity and value added. Our panel identification is robust to numerous controls, and we find similar results instrumenting increased robot use with… CONTINUE READING
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