Labors Share Of The National Income
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Author | : Mai Chi Dao |
Publisher | : International Monetary Fund |
Total Pages | : 70 |
Release | : 2017-07-24 |
Genre | : Business & Economics |
ISBN | : 1484311043 |
Download Why Is Labor Receiving a Smaller Share of Global Income? Theory and Empirical Evidence Book in PDF, Epub and Kindle
This paper documents the downward trend in the labor share of global income since the early 1990s, as well as its heterogeneous evolution across countries, industries and worker skill groups, using a newly assembled dataset, and analyzes the drivers behind it. Technological progress, along with varying exposure to routine occupations, explains about half the overall decline in advanced economies, with a larger negative impact on middle-skilled workers. In emerging markets, the labor share evolution is explained predominantly by global integration, particularly the expansion of global value chains that contributed to raising the overall capital intensity in production.
Author | : Edward Carhart Budd |
Publisher | : |
Total Pages | : 728 |
Release | : 1954 |
Genre | : Income |
ISBN | : |
Download Labor's Share of the National Income Book in PDF, Epub and Kindle
Author | : Arnold Saul Corrigan |
Publisher | : |
Total Pages | : |
Release | : 1947 |
Genre | : |
ISBN | : |
Download Labor's Share in the National Income Book in PDF, Epub and Kindle
Author | : Alan B. Krueger |
Publisher | : |
Total Pages | : 13 |
Release | : 1999 |
Genre | : Income distribution |
ISBN | : |
Download Measuring Labor's Share Book in PDF, Epub and Kindle
This paper considers conceptual and practical issues that arise in measuring labor's share of national income. Most importantly: How are workers defined? How is compensation defined? The current definition of labor compensation used the Bureau of Economic Analysis (BEA) includes the salary of business owners and payments to retired workers in labor compensation. An alternative series to the BEA's standard series is presented. In addition, a simple method for decomposing labor compensation into a component due to raw labor' and a component due to human capital is presented. Raw labor's share of national income is estimated using Census and CPS data. The share of national income attributable to raw labor increased from 9.6 percent to 13 percent between 1939 and 1959, remained at 12-13 percent between 1959 and 1979, and fell to 5 percent by 1996
Author | : Anastasia Guscina |
Publisher | : International Monetary Fund |
Total Pages | : 40 |
Release | : 2006-12 |
Genre | : Business & Economics |
ISBN | : |
Download Effects of Globalization on Labor's Share in National Income Book in PDF, Epub and Kindle
The past two decades have seen a decline in labor's share of national income in several industrial countries. This paper analyzes the role of three factors in explaining movements in labor's share--factor-biased technological progress, openness to trade, and changes in employment protection--using a panel of 18 industrial countries over 1960-2000. Since most studies suggest that globalization and rapid technological progress (associated with accelerated information technology development) began in the mid-1980s, the sample is split in 1985 into preglobalization/pre-IT revolution and postglobalization/post-IT revolution eras. The results suggest that the decline in labor's share during the past few decades in the OECD member countries may have been largely an equilibrium, rather than a cyclical, phenomenon, as the distribution of national income between labor and capital adjusted to capital-augmenting technological progress and a more globalized world economy.
Author | : Ashok Mitra |
Publisher | : |
Total Pages | : 174 |
Release | : 1980 |
Genre | : Business & Economics |
ISBN | : |
Download The Share of Wages in National Income Book in PDF, Epub and Kindle
Monograph on the share of wages in national income - examines the macroeconomic theory of aggregate income distribution, covers the relative share of production factors, the Douglas production function, methodology for measurement of the degree of monopoly, etc., and analyses historical data on income distribution in the UK from 1870 to 1938. Graphs, references and statistical tables.
Author | : Tali Kristal |
Publisher | : |
Total Pages | : 346 |
Release | : 2008 |
Genre | : |
ISBN | : |
Download Labor's Share of National Income and the Diversification in Sources of Income Among Wage and Salary Workers Book in PDF, Epub and Kindle
Author | : Saumik Paul |
Publisher | : Palgrave Macmillan |
Total Pages | : 281 |
Release | : 2021-10-16 |
Genre | : Business & Economics |
ISBN | : 9789811568626 |
Download Labor Income Share Book in PDF, Epub and Kindle
This book is about labor income share, which measures the share of national income paid in wages. The global share of income going towards labor is declining, which suggests a more unequal distribution of income. This has sparked debates about fair distribution of personal incomes among academics and policymakers alike. This book joins the discussion by bringing together recent developments in theoretical and empirical research on labor income share and novel insights on the measurement of the labor income share. The aim of this book is to help design policies to reduce inequality and provide useful knowledge to academics, policymakers from government agencies, policy aides in research institutions and think tanks, and broader audiences from public and private organizations.
Author | : Saumik Paul |
Publisher | : Springer Nature |
Total Pages | : 281 |
Release | : 2020-10-01 |
Genre | : Business & Economics |
ISBN | : 981156860X |
Download Labor Income Share Book in PDF, Epub and Kindle
This book is about labor income share, which measures the share of national income paid in wages. The global share of income going towards labor is declining, which suggests a more unequal distribution of income. This has sparked debates about fair distribution of personal incomes among academics and policymakers alike. This book joins the discussion by bringing together recent developments in theoretical and empirical research on labor income share and novel insights on the measurement of the labor income share. The aim of this book is to help design policies to reduce inequality and provide useful knowledge to academics, policymakers from government agencies, policy aides in research institutions and think tanks, and broader audiences from public and private organizations.
Author | : Lequiller François |
Publisher | : OECD Publishing |
Total Pages | : 520 |
Release | : 2014-10-20 |
Genre | : |
ISBN | : 9264214631 |
Download Understanding National Accounts Second Edition Book in PDF, Epub and Kindle
This is an update of OECD 2006 "Understanding National Accounts". It contains new data, new chapters and is adapted to the new systems of national accounts, SNA 2008 and ESA 2010.