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Over the last two decades the share of national income which accrues to labor has followed a marked downward trend across a host of industrialized countries. This paper reassesses the relative importance of several potential causes of this phenomenon. Overall, the findings suggest that lower...
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This paper discusses the role of economic integration in a model of endogenous growth where the size of the firm and the interactions between growth and the (endogenous) structure of the market play a crucial role. I focus on the pure scale effects of integration and study explicitly their...
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Over the last two decades the share of national income which accrues to labour has followed a marked downward trend across a host of industrialised countries. This paper attempts to assess the importance of several potential causes of this phenomenon. We investigate compositional effects, the...
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