GI-NI Webminar #5 · Automation and market power in Spain (1990-2018) · 17/05/2023 · Online

The fifth webinar of the H2020 GI-NI project is focused on automation and market power. The diffusion of automation technologies has been revolutionizing the manufacturing of goods. At the same time, there are concerns that early adopters of automation technologies become too dominant players in the market and gain too much market power to the disadvantage of consumers. We investigate the relationship between automation and market power in Spain over nearly three decades (1990-2018). The firm-level data we use allows us to open up a new perspective on how the diffusion of new technologies relates to the rising inequality between firms within industries.