| 1. |
Kenichiro Ikeshita, Effects of Subsidies for Automation on Economic Growth and Factor
Prices, PRSCO 2022: 27th Pacific Conference of the RSAI 2022, 2022.08, In recent years, while rapid progress in digital technology has made it easier to automate the production process, it has raised concerns that the machines may deprive workers of employment. However, it has not been fully studied how automation-oriented policies affect economic growth. In this paper, we examine the effect of task automation on economic growth and its policy implications by incorporating the task-based approach into the neoclassical growth model. We find that if the number of automated tasks is determined by the firms’ cost minimization behavior, the aggregate production function becomes asymptotically linear. As a result, a higher subsidy rate for automation raises the rate of return on machinery (capital) and generates perpetual economic growth. On the other hand, both the rental price of capital and the wage converge to their constant values along the equilibrium path. In addition, while an increase in the subsidy rate for automation raises the long-term rental price of capital, it does not affect the long-term wage rate.. |
| 2. |
Kenichiro Ikeshita, Hideaki Uchida, Tamotsu Nakamura, Automation and Economic Growth in a Task-based Neoclassical Growth Model, The 20th Annual SAET Conference, 2021.06. |
| 3. |
Kenichiro Ikeshita, Automation and Economic Growth in a Task-based Neoclassical Growth Model, 30th EBES Conference, 2020.02. |
| 4. |
Kenichiro Ikeshita, Are Anti-Child Labor Policies Really Effective?
, 24th EBES Conference Bangkok, 2018.02. |
| 5. |
Kenichiro Ikeshita, Child Labor and Capital Accumulation in Developing Economies, The 11th RUC-Kyudai-NJU Joint Conference, 2016.11. |
| 6. |
Kenichiro Ikeshita, Child Labor and Capital Accumulation in Developing Economies, Singapore Economic Review Conference 2015, 2015.08. |
| 7. |
Kenichiro Ikeshita, Child Labor and Capital Accumulation in Developing Economies, Annual Conference on Chinese Association of Quantitative Economics, 2014.10. |
| 8. |
Kenichiro Ikeshita, Political Donation, Intellectual Property Rights and Economic Growth, Annual Meeting of Korea Economics and Business Association, 2013.11. |
