{"title":"Higher education expansion and the adoption of robots in China","authors":"Gang Qiao , Dongmin Kong , Lihua Liu","doi":"10.1016/j.ememar.2025.101354","DOIUrl":null,"url":null,"abstract":"<div><div>This paper examines the effect of China's 1999 higher education expansion on firm adoption of robots, employing a quasi-natural experiment. Using the difference-in-differences estimation strategy, we find that the surge in college-educated labor from 2003 led firms in human capital-intensive industries to adopt fewer robots, reducing machine-to-human replacement. The effect is stronger in non-SOEs, financially constrained firms, large and high-tech firms, labor-intensive industries, and coastal areas. Mechanism tests suggest cheaper labor and human capital upgrading drive this reduction. These findings emphasize human capital's crucial role in mitigating robot-driven labor displacement and its broader impact on the job market.</div></div>","PeriodicalId":47886,"journal":{"name":"Emerging Markets Review","volume":"69 ","pages":"Article 101354"},"PeriodicalIF":4.6000,"publicationDate":"2025-08-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Emerging Markets Review","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1566014125001037","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
This paper examines the effect of China's 1999 higher education expansion on firm adoption of robots, employing a quasi-natural experiment. Using the difference-in-differences estimation strategy, we find that the surge in college-educated labor from 2003 led firms in human capital-intensive industries to adopt fewer robots, reducing machine-to-human replacement. The effect is stronger in non-SOEs, financially constrained firms, large and high-tech firms, labor-intensive industries, and coastal areas. Mechanism tests suggest cheaper labor and human capital upgrading drive this reduction. These findings emphasize human capital's crucial role in mitigating robot-driven labor displacement and its broader impact on the job market.
期刊介绍:
The intent of the editors is to consolidate Emerging Markets Review as the premier vehicle for publishing high impact empirical and theoretical studies in emerging markets finance. Preference will be given to comparative studies that take global and regional perspectives, detailed single country studies that address critical policy issues and have significant global and regional implications, and papers that address the interactions of national and international financial architecture. We especially welcome papers that take institutional as well as financial perspectives.