Conference Proceedings
The Australian labour market and the digital economy
Jeff Borland, Michael Coelli
Economic implications of the digital economy | ABS / RBA | Published : 2022
Abstract
We review the impact of the digital economy on the Australian labour market. The main ways in which the digital conomy can affect the labour market are catalogued; and illustrated with case studies on robots and the gig economy. Evidence on the effects of the digital economy in Australia is assessed, combining new empirical analysis with findings from existing studies. Three main labour market outcomes are considered: (i) the total amount of work; (ii) the type of work and skills demanded; and (iii) the labour share of income. We conclude with discussions of policy implications and lessons.