Competing with Robots: Firm-Level Evidence from France
<jats:p> 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 prod...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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American Economic Association
2021
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| Online Access: | https://hdl.handle.net/1721.1/135228 |
| _version_ | 1811085571860201472 |
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| author | Acemoglu, Daron Lelarge, Claire Restrepo, Pascual |
| author_facet | Acemoglu, Daron Lelarge, Claire Restrepo, Pascual |
| author_sort | Acemoglu, Daron |
| collection | MIT |
| description | <jats:p> 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. </jats:p> |
| first_indexed | 2024-09-23T13:11:43Z |
| format | Article |
| id | mit-1721.1/135228 |
| institution | Massachusetts Institute of Technology |
| language | English |
| last_indexed | 2024-09-23T13:11:43Z |
| publishDate | 2021 |
| publisher | American Economic Association |
| record_format | dspace |
| spelling | mit-1721.1/1352282021-10-28T03:55:32Z Competing with Robots: Firm-Level Evidence from France Acemoglu, Daron Lelarge, Claire Restrepo, Pascual <jats:p> 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. </jats:p> 2021-10-27T20:22:34Z 2021-10-27T20:22:34Z 2020 2021-03-29T15:22:35Z Article http://purl.org/eprint/type/JournalArticle https://hdl.handle.net/1721.1/135228 en 10.1257/PANDP.20201003 American Economic Association Papers and Proceedings 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. application/pdf American Economic Association American Economic Association |
| spellingShingle | Acemoglu, Daron Lelarge, Claire Restrepo, Pascual Competing with Robots: Firm-Level Evidence from France |
| title | Competing with Robots: Firm-Level Evidence from France |
| title_full | Competing with Robots: Firm-Level Evidence from France |
| title_fullStr | Competing with Robots: Firm-Level Evidence from France |
| title_full_unstemmed | Competing with Robots: Firm-Level Evidence from France |
| title_short | Competing with Robots: Firm-Level Evidence from France |
| title_sort | competing with robots firm level evidence from france |
| url | https://hdl.handle.net/1721.1/135228 |
| work_keys_str_mv | AT acemogludaron competingwithrobotsfirmlevelevidencefromfrance AT lelargeclaire competingwithrobotsfirmlevelevidencefromfrance AT restrepopascual competingwithrobotsfirmlevelevidencefromfrance |