Report
Is there a link between the degree of automation, productivity gains, income distribution and market shares in global trade?
We compare the United States, Canada, Mexico, the United Kingdom, Germany, France, Spain, Italy, the Netherlands, Belgium, Austria, Finland, Greece, Portugal, Switzerland, Sweden, Japan, Australia, South Korea and China with respect to: The degree of industrial automation; Productivity gains; Income distribution in manufacturing industry; The export market share for manufactured products. Countries with a high level of industrial automation are expected to have: High productivity gains; A higher profit rate (a lower share of wages in value added); High market shares in global trade in goods. We see that the only very significant effect of automation is to increase wages faster than labour productivity. The effect of workforce skills therefore outweighs the somewhat positive effect of automation on productivity gains.
Provider
Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
Other Reports from Natixis
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.