IDEAS home Printed from https://ideas.repec.org/a/caq/j950ix/doi10.7384-97663y2020i1p13-29.html
   My bibliography  Save this article

Technical Progress, Structural Change, and Robotisation: Insights from the Growth Patterns of the “Visegrádµ Countries

Author

Listed:
  • Fabiano Compagnucci
  • Andrea Gentili
  • Enzo Valentini
  • Mauro Gallegati

Abstract

This paper is aimed at providing empiricalevidence about the structural change andthe effect of the robotisation process thatare affecting the economies of the so-called“Visegrád countriesµ, a group of former EasternBloc countries that have recently experienced aremarkable economic growth. The study is basedon descriptive statistics that are theoreticallybased on the structural change approach and onthe extended crisis theory. Data are drawn fromthe OECD STructural ANalysis database (STAN)and from the International Federation of Robotics(IFR) database. Preliminary results suggest thatthe Visegrád countries are following a virtuousgrowth path based on hi-tech manufacturing andknowledge intensive services (KIS) that benefitsfrom the proximity with Germany. At the sametime, this relationship could represent a limit inthe short run, since Germany has recently entereda stagnation phase. A further potential limit couldarise from the specialisation of most Visegrádcountries in the automotive sector, which is oneof the economic sectors whose workforce is moreexposed to risk of substitution with machines.The article concludes by suggesting that thecurrent transition phase should be supported bytargeted public policies, considering the positiveexternalities they could provide.

Suggested Citation

  • Fabiano Compagnucci & Andrea Gentili & Enzo Valentini & Mauro Gallegati, 2020. "Technical Progress, Structural Change, and Robotisation: Insights from the Growth Patterns of the “Visegrádµ Countries," Economia & lavoro, Carocci editore, issue 1, pages 13-29.
    • Handle: RePEc:caq:j950ix:doi:10.7384/97663:y:2020:i:1:p:13-29
    as

    Download full text from publisher

    File URL: https://www.rivisteweb.it/download/article/10.7384/97663
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.rivisteweb.it/doi/10.7384/97663
    Download Restriction: no
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Klodian Mu o & Enzo Valentini & Stefano Lucarelli, 2021. "The Relationships between GDP growth, Energy Consumption, Renewable Energy Production and CO2 Emissions in European Transition Economies," International Journal of Energy Economics and Policy, Econjournals, vol. 11(4), pages 362-373.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:caq:j950ix:doi:10.7384/97663:y:2020:i:1:p:13-29. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://www.rivisteweb.it/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.