Table 7 Labour share model estimates.

From: From wages to widgets: how minimum wage hikes fuel automation

Variable

Productivity (log)

Robot stock

0.027** (0.013)

Constant

0.534*** (0.013)

Cross-section fixed

Yes

Period fixed

Yes

R-squared

0.871

F-test statistic

19.540***

Observations

107

  1. Robust standard errors in parentheses. ***p < 0.01, **p < 0.05, *p < 0.1, instruments: Minimum wage (log).