Robotization and labor supply in the context of a dynamic monopsony: novel evidence from South Korea
| dc.contributor.author | Saade, Ahmed J. | |
| dc.contributor.author | Alexiou, Constantinos | |
| dc.contributor.author | Belghitar, Yacine | |
| dc.date.accessioned | 2022-09-02T11:19:44Z | |
| dc.date.available | 2022-09-02T11:19:44Z | |
| dc.date.issued | 2022-08-31 | |
| dc.description.abstract | We estimate the effects of robotization on labor supply in Manufacturing, Services and the whole of the South Korean economy using exponential hazard and a random effects logit methodologies over the period 1999-2019. Our findings suggest that a larger operational stock of industrial robots in manufacturing is associated with manufacturing (non-manufacturing) workers becoming more (less) responsive to a change in wages in their decision to quit to non-employment, whilst the ease with which firms can poach workers is found to be unaffected by robotization. | en_UK |
| dc.identifier.citation | Saade A, Alexiou C, Belghitar Y. (2022) Robotization and labor supply in the context of a dynamic monopsony: novel evidence from South Korea. Seoul Journal of Economics, Volume 35, Issue 3, 2022, pp. 207-240 | en_UK |
| dc.identifier.issn | 1225-0279 | |
| dc.identifier.uri | https://doi.org/10.22904/sje.2022.35.3.001 | |
| dc.identifier.uri | https://dspace.lib.cranfield.ac.uk/handle/1826/18406 | |
| dc.language.iso | en | en_UK |
| dc.publisher | Institute of Economic Research (Korea) et al., | en_UK |
| dc.rights | Attribution-NonCommercial 4.0 International | * |
| dc.rights.uri | http://creativecommons.org/licenses/by-nc/4.0/ | * |
| dc.subject | Automation | en_UK |
| dc.subject | Dynamic monopsony | en_UK |
| dc.subject | Elasticity of labor supply | en_UK |
| dc.subject | Industrial robots | en_UK |
| dc.subject | Labor share | en_UK |
| dc.subject | South Korea | en_UK |
| dc.title | Robotization and labor supply in the context of a dynamic monopsony: novel evidence from South Korea | en_UK |
| dc.type | Article | en_UK |