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DOI | 10.1016/j.chieco.2024.102161 |
Extreme heat and firms' robot adoption: Evidence from China | |
Tang, Yuwei; He, Zhenyu | |
发表日期 | 2024 |
ISSN | 1043-951X |
EISSN | 1873-7781 |
起始页码 | 85 |
卷号 | 85 |
英文摘要 | This is the first study to explore the relationship between extreme heat and firms' robot adoption. The findings demonstrate that, relative to a day in the reference temperature bin, an extra day with an average temperature above 30 degrees C reduces the probability of a firm adopting robots and the cumulative number of robots a firm has adopted. The channels of tightened financial constraints and the increased comparative advantages of industrial robots over labor are important in explaining the documented impacts. The negative effects of extreme heat are only pronounced for non-state-owned enterprises, firms with negative working capital, and firms in industries with fewer automation opportunities. Moreover, local adaptation in high-temperature regions mitigates the negative impacts of extreme heat on robot adoption. This study focuses on firms' adaptive behavior under extreme heat, which previous studies have largely overlooked, with implications for policymakers concerned with climate change adaptation and industrial automation. |
英文关键词 | Extreme heat; Robot adoption; Adaptation; China |
语种 | 英语 |
WOS研究方向 | Business & Economics |
WOS类目 | Economics |
WOS记录号 | WOS:001215610100001 |
来源期刊 | CHINA ECONOMIC REVIEW
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/310074 |
作者单位 | Huazhong University of Science & Technology |
推荐引用方式 GB/T 7714 | Tang, Yuwei,He, Zhenyu. Extreme heat and firms' robot adoption: Evidence from China[J],2024,85. |
APA | Tang, Yuwei,&He, Zhenyu.(2024).Extreme heat and firms' robot adoption: Evidence from China.CHINA ECONOMIC REVIEW,85. |
MLA | Tang, Yuwei,et al."Extreme heat and firms' robot adoption: Evidence from China".CHINA ECONOMIC REVIEW 85(2024). |
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