Automation, Partial and Full
dc.contributor.author | Growiec, Jakub | |
dc.date.accessioned | 2023-07-24T07:15:47Z | |
dc.date.available | 2023-07-24T07:15:47Z | |
dc.date.issued | 2020-04 | |
dc.identifier.citation | Growiec J., Automation, Partial and Full, KAE Working Papers, 2020, nr 2020-048, s. 1-22 | en |
dc.identifier.uri | http://hdl.handle.net/20.500.12182/1102 | |
dc.description.abstract | When some steps of a complex, multi-step task are automated, the demand for human work in the remaining complementary sub-tasks goes up. In contrast, when the task is fully automated, the demand for human work declines. Partial automatability of complex tasks leads to a bottleneck of development (where further growth is constrained by the scarcity of essential human work) which is removed once the tasks become fully automatable. Theoretical analysis using a two-level nested CES production function specification demonstrates that the shift from partial to full automation generates anon-convexity: humans and machines switch from complementary to substitutable, and the share of output accruing to human workers switches from an upward to a downward trend. This process has implications for inequality, the risk of technological unemployment and the likelihood of a secular stagnation. | en |
dc.language.iso | en | |
dc.rights | Dozwolony użytek | * |
dc.subject | automation | en |
dc.subject | complex task | en |
dc.subject | complementarity | en |
dc.subject | factor share | en |
dc.subject | nested CES | en |
dc.subject.classification | J23 | en |
dc.subject.classification | L11 | en |
dc.subject.classification | O30 | en |
dc.subject.classification | O40 | en |
dc.title | Automation, Partial and Full | en |
dc.type | workingPaper | en |
dc.description.number | 2020-048 | en |
dc.description.physical | 1-22 | en |
dc.description.series | SGH KAE Working Papers Series | en |
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