Table 4 Robot stocks and productivity (OLS estimates).
From: From wages to widgets: how minimum wage hikes fuel automation
Panel least squares | ||
|---|---|---|
Model 1 | Model 2 | |
VARIABLES | Productivity (log) | Productivity (log) |
Robot stock | 0.004 (0.015) | |
Lagged robot stock | −0.015 (0.016) | |
Exports | 0.008*** (0.001) | 0.008*** (0.001) |
Population (log) | 0.655*** (0.250) | 0.471* (0.246) |
Growth | 0.004** (0.002) | 0.004* (0.002) |
Working-age population (log) | 1.849*** (0.421) | 1.264*** (0.435) |
Constant | 1.067 (2.269) | 4.151* (2.291) |
Cross-section fixed | Yes | Yes |
Period fixed | Yes | Yes |
R-squared | 0.977 | 0.977 |
Observations | 153 | 148 |
