Are Robots Stealing Our Jobs?

23 Pages Posted: 5 Feb 2017  

Gabriele Pellegrino

Catholic University of the Sacred Heart of Milan

Mariacristina Piva

Universita Cattolica del Sacro Cuore, Piacenza

Marco Vivarelli

Universita Cattolica del Sacro Cuore, Milano; IZA Institute of Labor Economics

Abstract

In this work, we test the employment impact of distinct types of innovative investments using a representative sample of Spanish manufacturing firms over the period 2002-2013. Our GMM-SYS estimates generate various results, which are partially in contrast with the extant literature. Indeed, estimations carried out on the entire sample do not provide statistically significant evidence of the expected labor-friendly nature of innovation. More in detail, neither R&D nor investment in innovative machineries and equipment (the so-called embodied technological change, ETC) turn out to have any significant employment effect. However, the job-creation impact of R&D expenditures becomes highly significant when the focus is limited to the high-tech firms. On the other hand – and interestingly – ETC exhibits its labor-saving nature when SMEs are singled out.

Keywords: innovation, R&D, embodied technological change, employment, GMM-SYS

JEL Classification: O33

Suggested Citation

Pellegrino, Gabriele and Piva, Mariacristina and Vivarelli, Marco, Are Robots Stealing Our Jobs?. IZA Discussion Paper No. 10540. Available at SSRN: https://ssrn.com/abstract=2911478

Gabriele Pellegrino (Contact Author)

Catholic University of the Sacred Heart of Milan

Largo Gemelli, 1
Via Necchi 9
Milan, MI 20123
Italy

Mariacristina Piva

Universita Cattolica del Sacro Cuore, Piacenza ( email )

Via Emilia Parmense, 84
Piacenza
Italy

Marco Vivarelli

Universita Cattolica del Sacro Cuore, Milano ( email )

Largo Gemelli 1
Milano, 20123
Italy

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

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