Technology and jobs: A systematic literature review

Abstract

We systematically review the empirical literature on the past four decades of technological change and its impact on employment, distinguishing be- tween five broad technology categories (ICT, Robots, Innovation, TFP-style, Other). We find across studies that the labor displacing effect of technology appears to be more than offset by compensating mechanisms that create or reinstate labor. This holds for most technology-types, suggesting that anx- ieties over widespread technology-driven unemployment lack an empirical base. Nevertheless, blue-collar workers have been adversely affected by tech- nological change, and effective up- and reskilling strategies should remain at the forefront of policy making along targeted support systems.

Publication DOI: https://doi.org/10.1016/j.techfore.2023.122750
Divisions: College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship
College of Business and Social Sciences
Additional Information: Copyright © 2023 The Author(s). Published by Elsevier Inc. This is an open access article under the CC BY license (https://creativecommons.org/licenses/by/4.0/). Funding: The authors acknowledge support from the European Union Horizon 2020 Research and Innovation programme under grant agreement No. 822330 TECHNEQUALITY.
Uncontrolled Keywords: Technological Change,Labor,Employment,ICT,Robots,Innovation
Publication ISSN: 1873-5509
Last Modified: 21 Nov 2023 08:12
Date Deposited: 17 Jul 2023 12:24
Full Text Link: https://arxiv.o ... /abs/2204.01296
Related URLs: https://www.sci ... 040162523004353 (Publisher URL)
http://www.scop ... tnerID=8YFLogxK (Scopus URL)
PURE Output Type: Article
Published Date: 2023-09
Published Online Date: 2023-07-26
Accepted Date: 2023-07-16
Submitted Date: 2022-04-04
Authors: Hötte, Kerstin
Somers, Melline
Theodorakopoulos, Angelos (ORCID Profile 0000-0003-4151-4887)

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