This paper investigates the elements contributing to the decline in labor share, with a particular focus on the roles of 'automation' and 'innovation in human-exclusive tasks.' We construct a general equilibrium model that separately incorporates both robot and non-robot capital to derive a...

This paper investigates the elements contributing to the decline in labor share, with a specific focus on the roles of `automation' and `innovation in human tasks.' We construct a general equilibrium model that separately incorporates both robot and non-robot capital to derive an econometric...

This paper investigates the elements contributing to the decline in labor share, with a specific focus on the roles of `automation' and `innovation in human tasks.' We construct a general equilibrium model that separately incorporates both robot and non-robot capital to derive an econometric...

This paper investigates the elements contributing to the change in labor share, with a specific focus on the roles of ‘automation’ and ‘innovation in human tasks.’ We construct a general equilibrium model that distinctly incorporates both robot and non-robot capital to derive an...

This study examines the global decline in labor share since the 2005, focusing on the impacts of robotic and human innovation within a general equilibrium framework. Using novel shift-share variables ---operational robot data, patent similarity to automation vocabularies, and cognitive task...

This study examines the global decline in labor share since the 2005, focusing on the impacts of robotic and human innovation within a general equilibrium framework. Using novel shift-share variables ---operational robot data, patent similarity to automation vocabularies, and cognitive task...

This paper studies the business cycle implications of automation. It incorporates task-based production and a Ricardian labor market in the RANK model. Automation operates via labor displacement and productivity gains, captured by sufficient statistics describing the morphology of factor...

Using the universe of firms in Estonia, we study the implications of imports-led and FDI- facilitated automation for productivity and factor shares of tasks and value-added. First, in contrast to the findings for developed economies, we find that the aggregate labour share of value-added for...