What Are the Labor and Product Market Effects of Automation? New Evidence from France - Archive ouverte HAL Accéder directement au contenu
Article Dans Une Revue Research Briefs in Economic Policy Année : 2020

What Are the Labor and Product Market Effects of Automation? New Evidence from France

Résumé

What are the effects of automation in the labor and product markets? A host of factors may be at play. Automating the production process may displace certain workers, raising the possibility of technological unemployment, but these displacement effects could be offset by a productivity effect. Automation may induce productivity gains, increase market demand and the scale of production, and in turn increase labor demand. Depending on the extent to which productivity gains are passed through to consumers by producers, consumers could benefit from lower prices or producers could retain higher profits. Finally, because of business-stealing effects from firms that automate and displace their competitors, the industry-level employment and the price and profit effects of automation may differ from their firm-level or plant-level impacts. [First paragraph]
Fichier principal
Vignette du fichier
2020-aghion-what-are-the-labor-and-product-market-effects-of-automation.pdf (101.56 Ko) Télécharger le fichier
Origine : Fichiers éditeurs autorisés sur une archive ouverte

Dates et versions

hal-03384668 , version 1 (19-10-2021)

Licence

Paternité - Pas d'utilisation commerciale - Pas de modification

Identifiants

Citer

Philippe Aghion, Céline Antonin, Simon Bunel, Xavier Jaravel. What Are the Labor and Product Market Effects of Automation? New Evidence from France. Research Briefs in Economic Policy, 2020, 225, pp.1-2. ⟨hal-03384668⟩
315 Consultations
327 Téléchargements

Partager

Gmail Facebook X LinkedIn More