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The Impact of Robot Application on Pay Gap within Company: Evidence Based on Multi-time Point DID Method
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Changqing Lin, Leiqi Hong
Journal of Technology Economics | 2024, 43(3) : 94 - 108
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Journal of Technology Economics | 2024, 43(3): 94-108
Technology Economics Management
The Impact of Robot Application on Pay Gap within Company: Evidence Based on Multi-time Point DID Method
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Changqing Lin, Leiqi Hong
Affiliations
  • School of Economics and Trade Hunan University of Technology Zhuzhou 412007 China
Published: 2024-03-10 doi: 10.12404/j.issn.1002-980X.J23111308
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Based on the data of listed companies in China's A-share manufacturing industry, multi-time point DID method (PSM-DID) based on propensity score matching was adopted to investigate the impact and mechanism of the robot application on the pay gap within company. The results show that the application of robots can significantly reduce the pay gap within company. The results remain robust after a series of robustness tests such as changing explanatory variables. The robot application can reduce the pay gap within company by promoting innovation and curbing earning management. Heterogeneity test results show that the impact of robot application on the intra-company pay gap is more significant in large and capital-intensive enterprises. Further research finds that the application of robots can significantly reduce the pay gap within company by reducing the excess pay of executives and then narrowing the excess pay gap. It provides a new perspective for exploring the governance mechanism of internal pay gap within company, and provides an important reference for China to realize income equity while promoting the transformation and upgrading of manufacturing industry.

multiple-time point DID  /  robot application  /  pay gap  /  overpayment of executives  /  innovation  /  earnings management
Changqing Lin, Leiqi Hong. The Impact of Robot Application on Pay Gap within Company: Evidence Based on Multi-time Point DID Method[J]. Journal of Technology Economics, 2024 , 43 (3) : 94 -108 . DOI: 10.12404/j.issn.1002-980X.J23111308
Year 2024 volume 43 Issue 3
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doi: 10.12404/j.issn.1002-980X.J23111308
  • Receive Date:2023-11-13
  • Online Date:2025-07-30
  • Published:2024-03-10
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  • Received:2023-11-13
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    School of Economics and Trade Hunan University of Technology Zhuzhou 412007 China
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表12种不同金属材料的力学参数

Family
属数
Number of
genus
种数
Number of
species
占总种数比例
Percentage of
total species (%)

Genus
种数
Number of
species
占总种数比例
Percentage of total
species (%)
鹅膏菌科Amanitaceae 2 11 5.26 鹅膏菌属 Amanita 10 4.78
小菇科 Mycenaceae 2 12 5.74 丝盖伞属 Inocybe 5 2.39
多孔菌科 Polyporaceae 8 14 6.70 蜡蘑属 Laccaria 5 2.39
红菇科 Russulaceae 3 23 11.00 小皮伞属 Marasmius 6 2.87
小菇属 Mycena 11 5.26
光柄菇属 Pluteus 5 2.39
红菇属 Russula 17 8.13
栓菌属 Trametes 5 2.39
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