Keyword

local labor markets

2 papers tagged “local labor markets”

EconomicsJournal of Political Economy · Jun 2020

Robots and Jobs: Evidence from US Labor Markets

Daron Acemoglu and Pascual Restrepo

The authors study how the spread of industrial robots affected US local labor markets between 1990 and 2007, using variation in industry robot adoption combined with regional industry composition. They estimate the effect on employment and wages in commuting zones more exposed to robotization. They find that each additional robot per thousand workers reduced the employment-to-population ratio and wages in the affected local labor markets, with the largest negative effects on routine manual occupations.

automation robots employment wages

EconomicsAnnual Review of Economics · Oct 2016 Open access

The China Shock: Learning from Labor-Market Adjustment to Large Changes in Trade

David H. Autor, David Dorn and Gordon H. Hanson

The authors review the empirical literature on how U.S. local labor markets adjusted to the surge in import competition from China beginning around 1990. They synthesize evidence showing that the gains from trade coexisted with large, geographically concentrated adjustment costs. They conclude that markets adjusted far more slowly than standard trade models predicted.

international trade labor markets china shock import competition