Narrow search
Showing 1 - 10 of 1,250
Cover Image
Labor share decline and intellectual property products capital
Koh, Dongya; Santaeulàlia-Llopis, Raül; Zhen, Yu - 2018
We study the behavior of the US labor share over the past 70 years. We find that the capitalization of intellectual property products in the national income and product accounts entirely explains - in a purely accounting sense - the observed decline of the US labor share. We assess the...
Persistent link: https://www.econbiz.de/10011932539
Cover Image
Labor share decline and intellectual property products capital
Koh, Dongya; Santaeulàlia-Llopis, Raül; Zheng, Yu - 2015
Persistent link: https://www.econbiz.de/10011372828
Cover Image
Labor Share Decline and Intellectual Property Products Capital
Koh, Dongya - 2016
) capital entirely accounts for the observed decline of the US labor share, which otherwise is secularly constant for structures … and equipment capital. The decline of the labor share reflects that the US is undergoing a transition to a more IPP … capital-intensive economy. This result has essential implications for the US macroeconomic model …
Persistent link: https://www.econbiz.de/10013005456
Cover Image
Labor Share Decline and Intellectual Property Products Capital : A Different Measurement Perspective
Nallareddy, Suresh; Ogneva, Maria - 2022
is important because Net labor share is a more direct measure of income distribution between labor and capital. In … capitalization of intellectual property has little effect on the inferences about the shift in income distribution between capital …
Persistent link: https://www.econbiz.de/10013294611
Cover Image
Labor share decline and intellectual property products capital
Koh, Dongya; Santaeulàlia-Llopis, Raül; Zheng, Yu - 2016
Persistent link: https://www.econbiz.de/10011607069
Cover Image
Financialization and the labor share of income
Özdemir, Onur - In: Národohospodářský obzor : časopis věnovaný … 19 (2019) 4, pp. 265-306
Financialization has been growing importance in macroeconomic perspectives since the finance-dominated capitalist relations have captured many of the specific positions in an aggregate economy. However, the empirical literature has substantially ignored the examination of the link between an...
Persistent link: https://www.econbiz.de/10012145745
Cover Image
The labor share of income around the world : evidence from a panel dataset
Guerriero, Marta - 2019
There are two fundamental reasons why factor shares have traditionally been overlooked in the economic literature. First, because of their nature, factor shares are conceptually difficult to define and measure. Second, they have for a long time been perceived as constant across time and space....
Persistent link: https://www.econbiz.de/10011964265
Cover Image
Technological Changes, Offshoring, and the Labor Share
Lian, Weicheng - 2019
, productionactivities with a small elasticity of substitution between capital and labor tend to getoffshored from high- to low …
Persistent link: https://www.econbiz.de/10012864118
Cover Image
Labor Share and Productivity Dynamics
Choi, Sekyu - 2020
We present a novel way to model technological shocks, with the feature that it can be biased towards more recently installed production units. We show that at one extreme, the shock is like a neutral technological shock, while at the other end of the spectrum, it resembles investment specific...
Persistent link: https://www.econbiz.de/10012825485
Cover Image
The Structural Determinants of the Labor Share in Europe
Dimova, Dilyana - 2019
The labor share in Europe has been on a downward trend. This paper finds that the decline is concentrated in manufacture and among low- to mid-skilled workers. The shifting nature of employment away from full-time jobs and a rollback of employment protection, unemployment benefits and...
Persistent link: https://www.econbiz.de/10012888756