Table 6 Labour share model estimates.
From: From wages to widgets: how minimum wage hikes fuel automation
Panel least squares | ||
|---|---|---|
Model 1 | Model 2 | |
VARIABLES | Labour share | Labour share |
Robot stock | 0.026*** (0.004) | |
Lagged robot stock | 0.026*** (0.005) | |
Imports | 0.001 (0.001) | 0.001 (0.001) |
Exports | −0.005*** (0.001) | −0.004*** (0.001) |
Constant | 0.715*** (0.017) | 0.717*** (0.0185) |
Cross-section fixed | Yes | Yes |
Period fixed | Yes | Yes |
R-squared | 0.908 | 0.906 |
Observations | 162 | 156 |
