How Will the Adoption of Industrial Robots Influence Employment and Wage? Factors Behind Different Effects
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DOI: 10.25236/ieesasm.2022.031
Corresponding Author
Tianheng Liu
Abstract
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.
Keywords
Industrial robots, Employment, Wage, Displacement effect