Back to Search Start Over

The impact of industrial robots on export stability.

Authors :
Zhou, Hua
Fan, Jiachen
Gan, Tian
Source :
World Economy; Sep2024, Vol. 47 Issue 9, p3780-3808, 29p
Publication Year :
2024

Abstract

The application of industrial robots has emerged as a significant influencing factor on international trade. Based on product export stability data from 49 major exporting countries and corresponding industrial robot application data between 2010 and 2019, this study investigates the impact and mechanisms of industrial robot application on export stability in these countries. The findings demonstrate that the application of industrial robots enhances export stability. The mechanism results indicate that the application of industrial robots principally impacts trade stability by lowering export costs and raising the technological complexity of export products. Moreover, this effect can be enhanced by increased financial development, an innovative environment, and the empowerment of women. This study provides valuable policy implications for advancing the application of industrial robots and improving export stability. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
03785920
Volume :
47
Issue :
9
Database :
Complementary Index
Journal :
World Economy
Publication Type :
Academic Journal
Accession number :
181039459
Full Text :
https://doi.org/10.1111/twec.13602