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A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA)
Gasteiger, E. & Prettner, K. (2022). Automation, stagnation, and the implications of a robot tax. Macroeconomic Dynamics. 26 (1), 218-249
Exportar Referência (IEEE)
E. M. Gasteiger and K. Prettner,  "Automation, stagnation, and the implications of a robot tax", in Macroeconomic Dynamics, vol. 26, no. 1, pp. 218-249, 2022
Exportar BibTeX
@article{gasteiger2022_1732200877097,
	author = "Gasteiger, E. and Prettner, K.",
	title = "Automation, stagnation, and the implications of a robot tax",
	journal = "Macroeconomic Dynamics",
	year = "2022",
	volume = "26",
	number = "1",
	doi = "10.1017/S1365100520000139",
	pages = "218-249",
	url = "https://www.cambridge.org/core/journals/macroeconomic-dynamics/article/automation-stagnation-and-the-implications-of-a-robot-tax/3D796A6890203B0C268EE4D6DF18A39B"
}
Exportar RIS
TY  - JOUR
TI  - Automation, stagnation, and the implications of a robot tax
T2  - Macroeconomic Dynamics
VL  - 26
IS  - 1
AU  - Gasteiger, E.
AU  - Prettner, K.
PY  - 2022
SP  - 218-249
SN  - 1365-1005
DO  - 10.1017/S1365100520000139
UR  - https://www.cambridge.org/core/journals/macroeconomic-dynamics/article/automation-stagnation-and-the-implications-of-a-robot-tax/3D796A6890203B0C268EE4D6DF18A39B
AB  - We assess the long-run growth effects of automation in the overlapping generations framework. Although automation implies constant returns to capital and, thus, an AK production side of the economy, positive long-run growth does not emerge. The reason is that automation suppresses wage income, which is the only source of investment in the overlapping generations model. Our result stands in sharp contrast to the representative agent setting with automation, where sustained long-run growth is possible even without technological progress. Our analysis therefore provides a cautionary tale that the underlying modeling structure of saving/investment decisions matters for the derived economic impact of automation. In addition, we show that a robot tax has the potential to raise per capita output and welfare at the steady state. However, it cannot induce a takeoff toward positive long-run growth. 
ER  -