Yantong Zhao , Rusmawati Said , Normaz Wana Ismail , Asmaddy Haris , Hanny Zurina Hamzah
{"title":"Impact of population ageing on the application of industrial robots: Evidence from China","authors":"Yantong Zhao , Rusmawati Said , Normaz Wana Ismail , Asmaddy Haris , Hanny Zurina Hamzah","doi":"10.1016/j.jeoa.2024.100529","DOIUrl":null,"url":null,"abstract":"<div><p>China is experiencing a rise in its ageing population alongside rapid advancements in industrial robotics. Using panel data from China’s industries (2006 to 2021), this study empirically examines the impact of population ageing on the application of industrial robots. The results show that population ageing significantly promotes industrial robot application. The impact of population ageing on the application of industrial robots varies by industry. The promotion effect is greater in low and medium-technology industries than that of high-tech industries. This effect became more evident after 2012. Industries with high state ownership exhibit stronger influence coefficients than those with lower state ownership. Mechanism analysis indicates that population ageing promotes industrial robot adoption through the labour cost substitution effect. These findings offer insights for government policies to promote sustainable ageing and upgrading the manufacturing sector through artificial intelligence represented by the application of robotics.</p></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"29 ","pages":"Article 100529"},"PeriodicalIF":1.9000,"publicationDate":"2024-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of the Economics of Ageing","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2212828X2400029X","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"DEMOGRAPHY","Score":null,"Total":0}
引用次数: 0
Abstract
China is experiencing a rise in its ageing population alongside rapid advancements in industrial robotics. Using panel data from China’s industries (2006 to 2021), this study empirically examines the impact of population ageing on the application of industrial robots. The results show that population ageing significantly promotes industrial robot application. The impact of population ageing on the application of industrial robots varies by industry. The promotion effect is greater in low and medium-technology industries than that of high-tech industries. This effect became more evident after 2012. Industries with high state ownership exhibit stronger influence coefficients than those with lower state ownership. Mechanism analysis indicates that population ageing promotes industrial robot adoption through the labour cost substitution effect. These findings offer insights for government policies to promote sustainable ageing and upgrading the manufacturing sector through artificial intelligence represented by the application of robotics.
期刊介绍:
The Journal of the Economics of Ageing (JEoA) is an international academic journal that publishes original theoretical and empirical research dealing with the interaction between demographic change and the economy. JEoA encompasses both microeconomic and macroeconomic perspectives and offers a platform for the discussion of topics including labour, health, and family economics, social security, income distribution, social mobility, immigration, productivity, structural change, economic growth and development. JEoA also solicits papers that have a policy focus.