Effects of Technological Change and Automation on Industry Structure and (Wage-)Inequality: Insights from a Dynamic Task-Based Model

Dawid H, Neugart M (2021) Universität Bielefeld Working Papers in Economics and Management; 14-2021.
Bielefeld: Bielefeld University, Department of Business Administration and Economics.

Diskussionspapier | Veröffentlicht | Englisch
 
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Autor*in
Dawid, HerbertUniBi ; Neugart, Michael
Abstract / Bemerkung
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.
Stichworte
automation; artificial intelligence; tasks; wage inequality; firm dynamics
Erscheinungsjahr
2021
Serientitel
Universität Bielefeld Working Papers in Economics and Management
Band
14-2021
Seite(n)
30
ISSN
2196−2723
Page URI
https://pub.uni-bielefeld.de/record/2959718

Zitieren

Dawid H, Neugart M. Effects of Technological Change and Automation on Industry Structure and (Wage-)Inequality: Insights from a Dynamic Task-Based Model. Universität Bielefeld Working Papers in Economics and Management. Vol 14-2021. Bielefeld: Bielefeld University, Department of Business Administration and Economics; 2021.
Dawid, H., & Neugart, M. (2021). Effects of Technological Change and Automation on Industry Structure and (Wage-)Inequality: Insights from a Dynamic Task-Based Model (Universität Bielefeld Working Papers in Economics and Management, 14-2021). Bielefeld: Bielefeld University, Department of Business Administration and Economics. https://doi.org/10.4119/unibi/2959718
Dawid, Herbert, and Neugart, Michael. 2021. Effects of Technological Change and Automation on Industry Structure and (Wage-)Inequality: Insights from a Dynamic Task-Based Model. Vol. 14-2021. Universität Bielefeld Working Papers in Economics and Management. Bielefeld: Bielefeld University, Department of Business Administration and Economics.
Dawid, H., and Neugart, M. (2021). Effects of Technological Change and Automation on Industry Structure and (Wage-)Inequality: Insights from a Dynamic Task-Based Model. Universität Bielefeld Working Papers in Economics and Management, 14-2021, Bielefeld: Bielefeld University, Department of Business Administration and Economics.
Dawid, H., & Neugart, M., 2021. Effects of Technological Change and Automation on Industry Structure and (Wage-)Inequality: Insights from a Dynamic Task-Based Model, Universität Bielefeld Working Papers in Economics and Management, no.14-2021, Bielefeld: Bielefeld University, Department of Business Administration and Economics.
H. Dawid and M. Neugart, Effects of Technological Change and Automation on Industry Structure and (Wage-)Inequality: Insights from a Dynamic Task-Based Model, Universität Bielefeld Working Papers in Economics and Management, vol. 14-2021, Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2021.
Dawid, H., Neugart, M.: Effects of Technological Change and Automation on Industry Structure and (Wage-)Inequality: Insights from a Dynamic Task-Based Model. Universität Bielefeld Working Papers in Economics and Management, 14-2021. Bielefeld University, Department of Business Administration and Economics, Bielefeld (2021).
Dawid, Herbert, and Neugart, Michael. Effects of Technological Change and Automation on Industry Structure and (Wage-)Inequality: Insights from a Dynamic Task-Based Model. Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2021. Universität Bielefeld Working Papers in Economics and Management. 14-2021.
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2021-12-03T14:41:55Z
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