How Will the Adoption of Industrial Robots Influence Employment and Wage? Factors Behind Different Effects
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This paper explains the effect of adopting industrial robots in developed and developing countries. By reviewing prior researchers’ conclusion, result has been found that either negative and positive relationship may appear in developed and developing countries. Then this paper states the possible factors of the emerge of different conclusions. Diminishing productivity returns and the offset of demand scale effect and displacement effect can be the attributors.
Industrial robots, Employment, Wage, Displacement effect