TY  - GEN
AB  - 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.
DA  - 2021
DO  - 10.4119/unibi/2959718
KW  - automation
KW  - artificial intelligence
KW  - tasks
KW  - wage inequality
KW  - firm dynamics
LA  - eng
PY  - 2021
SN  - 2196−2723
SP  - 30-
TI  - Effects of Technological Change and Automation on Industry Structure and (Wage-)Inequality: Insights from a Dynamic Task-Based Model
UR  - https://nbn-resolving.org/urn:nbn:de:0070-pub-29597182
Y2  - 2024-11-22T01:45:50
ER  -