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Economic Aspects of Automation

Chapter
Part of the Springer Handbooks book series (SHB)

Abstract

The increasing diffusion of automation in all sectors of the industrial world gives rise to a deep modification of labor organization and requires a new approach to evaluate industrial systems efficiency, effectiveness, and economic convenience. Until now, the evaluation tools and methods at disposal of industrial managers are rare and even complex. Easy-to-use criteria, possibly based on robust but simple models and concepts, appear to be necessary. This chapter gives an overview of concepts, based on the economic theory but revised in the light of industrial practice, which can be applied for evaluating the impact and effects of automation diffusion in enterprises.

Keywords

Gross Domestic Product Unemployment Rate Real Wage Physical Capital Intermediate Good 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Abbreviations

CODESNET

collaborative demand and supply network

GDP

gross domestic product

GDP

ground delay program

ICT

information and communication technology

IT

information technology

OECD

Organization for Economic Cooperation and Development

PS

price setting

SME

small and medium-sized enterprises

WS

wage setting

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Copyright information

© Springer-Verlag Berlin Heidelberg 2009

Authors and Affiliations

  1. 1.Department Manufacturing Systems and EconomicsPolitecnico di TorinoTorinoItaly
  2. 2.Department Manufacturing Systems and EconomicsPolitecnico di TorinoTorinoItaly

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