Automation, Digitalization, and Income Inequality in Europe

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F21%3A43920785" target="_blank" >RIV/62156489:43110/21:43920785 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.32065/CJEF.2021.03.01" target="_blank" >https://doi.org/10.32065/CJEF.2021.03.01</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.32065/CJEF.2021.03.01" target="_blank" >10.32065/CJEF.2021.03.01</a>

Result language
angličtina
Original language name
Automation, Digitalization, and Income Inequality in Europe
Original language description
We analyze the impact of industrial robots as well as investment in computing equipment and digital technologies on different indicators of income distributions. Our data covers selected West European EU economies from 2004 to 2017. We try to shed light on the underlying dynamics of technological advances on inequality. The results suggest that robot density is associated positively with income inequality, while no robust evidence is found for the computing equipment and digital technologies. In particular, the income shares of the bottom 20 and 50 percent decreases with automation, while the income shares of the top 10 and 1 percent increases, which supports the job and wage polarization hypothesis. This is especially important for policy formulations after the pandemic, because current rapid automation efforts can potentially have significant longterm implications for the labor market.
Czech name
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Czech description
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Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50206 - Finance

Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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