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Titel
Effects of technological change and automation on industry structure and (wage-)inequality : insights from a dynamic task-based model / Herbert Dawid, Michael Neugart
VerfasserDawid, Herbert ; Neugart, Michael
ErschienenBielefeld, Germany : Universität Bielefeld, Faculty of Business Administration and Economics, November 2021
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (29 Seiten) : Diagramme
SerieWorking papers in economics and management ; No. 14-2021
SchlagwörterTechnischer Fortschritt / Automation / Künstliche Intelligenz / Arbeitnehmer
URNurn:nbn:de:hbz:6:2-1592410 
DOI10.4119/unibi/2959718 
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Effects of technological change and automation on industry structure and (wage-)inequality [0.63 mb]
Zusammenfassung

The advent of artificial intelligence is changing the task allocation of workers and machines in firms production processes with potentially wide ranging effects on workers and firms. We develop an agent-based simulation framework to investigate the consequences of different types of automation for industry output, the wage distribution, the labor share, and industry dynamics. It is shown how the competitiveness of markets, in particular barriers to entry, changes the effects that automation has on various outcome variables, and to which extent heterogeneous workers with distinct general skill endowments and heterogeneous firms featuring distinct wage offer rules affect the channels via which automation changes market outcomes.

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