The role of capital accumulation as a driver of the labor income share requires capital and labor to be substitutes …, which appears paradoxical in a world predominantly characterized by complementarity between capital and labor. This paper … argues that the composition of skills in the labor force and an identification of the elasticity parameters between capital …

capital accumulation. Further, and across different theoretical approaches, residential investment is seen as a critical …

Capital estimates are widely used in economic growth and productivity studies, for profitability considerations and … wealth accounting exercises. Yet the calculation of "capital" frequently receives only cursory attention, despite the …) calculates long-run provincial (and national) physical capital series for China, (ii) distinguishes between capital services and …

In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the … in the US over the 1960-2009 period. We show that the labour share is affected positively by capital intensity and … counterfactual simulations, a key finding is that the decrease in capital intensity in the eighties accounted for about 76% of the …

In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the … in the US over the 1960-2009 period. We show that the labour share is affected positively by capital intensity and … counterfactual simulations, a key finding is that the decrease in capital intensity in the eighties accounted for about 76% of the …

In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the … by personal inequality, capital intensity and trade, while the Gini statistic is fueled by the falling labour share and … innocuous in the 1990s. We also document the growing relevance of capital accumulation and globalisation in driving personal …

of capital income. The paper also gives an alternative explanation of the so-called "New Economy boom" in the USA at the …

-golden-age“-„social structure of accumulation“. This discussion also gives an explanation for stagnating capital formation and rising unemployment …

We analyse the effects of interest rate variations on the rates of capacity utilisation, capital accumulation and … effects of changes in the real long-term rate of interest on the equilibrium rates of capacity utilisation, capital … capacity utilisation, capital accumulation and profits, as well as redistribution at the expense of labour income and hence an …