Scanlon, Madeline Marco
(2024)
Investing in Automation: Evidence From Natural Disasters.
Doctoral Dissertation, University of Pittsburgh.
(Unpublished)
Abstract
I investigate the extent to which establishments shift labor skill demand toward automation when faced with labor scarcity. Using natural disasters as an exogenous shock to local labor supply, I find that firms respond to local labor scarcity by increasing demand for automation-specific labor skills and that firms’ responses vary with ex-ante adjustment costs. I show that constrained firms exhibit no significant change in demand for automation skills, while firms with production flexibility display decreased demand for automation skills following exogenous reductions in local labor supply. Firms dependent on low-skilled labor exhibit large increases in demand for automation skills.
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Details
Item Type: |
University of Pittsburgh ETD
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Status: |
Unpublished |
Creators/Authors: |
Creators | Email | Pitt Username | ORCID |
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Scanlon, Madeline Marco | mms238@pitt.edu | mms238 | |
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ETD Committee: |
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Date: |
30 July 2024 |
Date Type: |
Publication |
Defense Date: |
16 July 2024 |
Approval Date: |
30 July 2024 |
Submission Date: |
27 July 2024 |
Access Restriction: |
No restriction; Release the ETD for access worldwide immediately. |
Number of Pages: |
71 |
Institution: |
University of Pittsburgh |
Schools and Programs: |
Joseph M. Katz Graduate School of Business > Business Administration |
Degree: |
PhD - Doctor of Philosophy |
Thesis Type: |
Doctoral Dissertation |
Refereed: |
Yes |
Uncontrolled Keywords: |
Corporate investment; Labor finance |
Date Deposited: |
30 Jul 2024 17:44 |
Last Modified: |
30 Jul 2024 17:44 |
URI: |
http://d-scholarship.pitt.edu/id/eprint/46765 |
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