Automation and Demographic Change

34 Pages Posted: 30 Apr 2017

See all articles by Ana Abeliansky

Ana Abeliansky

University of Goettingen (Göttingen)

Klaus Prettner

Vienna University of Economics and Business - Department of Economics

Date Written: April 28, 2017

Abstract

We analyze the e ects of declining population growth on automation. A simple theoretical model of capital accumulation predicts that countries with lower population growth introduce automation technologies earlier. We test the theoretical prediction on panel data for 60 countries over the time span 1993-2013. Regression estimates support the theoretical prediction, suggesting that a 1% increase in population growth is associated with an approximately 2% reduction in the growth rate of robot density. Our results are robust to the inclusion of standard control variables, different estimation methods, dynamic speci cations, and changes to the measurement of the stock of robots.

Keywords: Automation, Industrial Robots, Demographic Change, Population Growth, Declining Labor Force, Economic Growth

JEL Classification: J11, O14, O33, O40

Suggested Citation

Abeliansky, Ana and Prettner, Klaus, Automation and Demographic Change (April 28, 2017). Available at SSRN: https://ssrn.com/abstract=2959977 or http://dx.doi.org/10.2139/ssrn.2959977

Ana Abeliansky (Contact Author)

University of Goettingen (Göttingen) ( email )

Platz der Gottinger Sieben 3
Gottingen, D-37073
Germany

Klaus Prettner

Vienna University of Economics and Business - Department of Economics ( email )

Augasse 2-6
A-1090 Wien
Austria

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