Search Results - subject:"Labor share"

Are your labor shares set in Beijing? : the view through the lens of global value chains

Reshef, Ariell; Santoni, Gianluca - 2022

We study the evolution of labor shares in 1995-2014, while taking into account international trade based on value added concepts. Declines in labor shares accelerate in 2001-2007, concurrently with global value chain (GVC) integration, after which there is no trend for both. We develop a...

Persistent link: https://www.econbiz.de/10013285571

Testing the superstar firm hypothesis

Schiersch, Alexander; Stiel, Caroline - In: Journal of applied economics 25 (2022) 1, pp. 583-603

the fall of the aggregate labor share in the US. This analysis confirms that similar evidence is found within the European … context: the market share and firm size increase, whereas the labor share decreases with productivity. One of the much … share, and can simultaneously spread fixed overhead labor costs over more output, thereby reducing their own labor share and …

Persistent link: https://www.econbiz.de/10013177088

Growth, cycles and residential investment

Santetti, Marcio; Nikiforos, Michalis; Von Arnim, Rudiger - 2022

The empirical literature on neo-Goodwinian models of growth and distribution still lacks an explicit treatment of capital accumulation. Further, and across different theoretical approaches, residential investment is seen as a critical driver of the business cycle. This paper addresses these two...

Persistent link: https://www.econbiz.de/10013448820