Population growth and automation density: theory and cross-country evidence

Abeliansky, Ana Lucia and Prettner, Klaus (2021) Population growth and automation density: theory and cross-country evidence. Department of Economics Working Paper Series, 315. WU Vienna University of Economics and Business, Vienna.

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Abstract

We analyze the effects of declining population growth on automation. Theoretical considerations imply that countries with lower population growth introduce automation technologies faster. We test the theoretical implication on panel data for 60 countries over the time span 1993-2013. Regression estimates support the theoretical implication, 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 specifications, and changes with respect to the measurement of the stock of robots.

Item Type: Paper
Keywords: Automation, Industrial Robots, Demographic Change, Declining Fertility
Classification Codes: JEL J11, O33, O40
Divisions: Departments > Volkswirtschaft
Depositing User: Claudia Tering-Raunig
Date Deposited: 15 Sep 2021 14:21
Last Modified: 15 Sep 2021 14:21
URI: https://epub.wu.ac.at/id/eprint/8284

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