Narrow search
Showing 1 - 10 of 13,751
Cover Image
Institutions, deindustrialization, and functional income distribution in Japan
Fukao, Kyōji; Perugini, Cristiano - 2018
We investigate the long-term drivers of the labor share in Japan using data from the Japanese Industrial Productivity database from 1970 to 2012. The descriptive and econometric results indicate that the decline in the labor share observed in Japan during the period of analysis was highly...
Persistent link: https://www.econbiz.de/10011936089
Cover Image
New firms, capital intensity and the labor share : new theoretical and empirical insights
Grazzini, Jakob; Rossi, Lorenza - 2020
This paper considers a two sectors heterogeneous firms model where firms' specific production technology and capital …
Persistent link: https://www.econbiz.de/10012211092
Cover Image
Premature deindustrialization through the lens of occupations : which jobs, why, and where?
Kunst, David - 2019 - Revision: August 2, 2019
past decades, and that deindustrialization has often set in at historically low levels of income. However, there is little … out "premature deindustrialization": first, it is mostly unskilled jobs that have disapp eared, and also the wage premium …, premature deindustrialization has been driven by occupations which are intensive in tasks that are vulnerable to an increasing …
Persistent link: https://www.econbiz.de/10012025990
Cover Image
What determines the share of labour in national income? : a cross-country analysis
Guerriero, Marta; Sen, Kunal - 2012
Recent evidence on functional income distribution suggests that the shares of capital and labour in national income vary considerably both over time and across countries. Specifically, there seems to be a general reduction in the labour share around the world, in particular from the mid-1980s...
Persistent link: https://www.econbiz.de/10009548636
Cover Image
The fall of the labour income share : the role of technological change and imperfect labour markets
Carbonero, Francesco; Offermanns, Christian J.; Weber, Enzo - 2017
theoretically and empirically two mechanisms: the substitution between Information Communication Technology (ICT) and labour and the …
Persistent link: https://www.econbiz.de/10011719015
Cover Image
The agricultural productivity gap and self-employment bias in the labor income share
Paul, Saumik; Thomas, Liam - 2020
We propose a theory-based adjustment to the labor income share to correct for the self-employment bias. Through a two-sector neoclassical framework with agriculture and non-agriculture, we derive the productivity-adjusted aggregate labor income share in terms of the agricultural productivity...
Persistent link: https://www.econbiz.de/10012242624
Cover Image
Sectoral labor income share dynamics : cross-country evidence from a novel dataset
Oishi, Yoko; Paul, Saumik - 2018
Despite steady growth of the literature on labor income share, empirical studies are mostly limited to country-level analyses. At the sectoral level, data on labor income share are available only for advanced countries. This paper overcomes this constraint and provides some preliminary outcomes...
Persistent link: https://www.econbiz.de/10011904497
Cover Image
Labor income share at the firm level: global trends
Paul, Saumik; Isaka, Hironobu - 2019
Micro-level studies provide insightful knowledge on the drivers of the labor income share. This paper introduces a novel firm-level dataset on the labor income share. Using the World Bank Enterprise Survey data, we put together an unbalanced panel comprising 146,666 firms from 139 countries and...
Persistent link: https://www.econbiz.de/10012149054
Cover Image
Local shocks and internal migration: the disparate effects of robots and Chinese imports in the US
Faber, Marius; Sarto, Andrés; Tabellini, Marco - 2021
Migration has long been considered one of the key mechanisms through which labor markets adjust to economic shocks. In this paper, we analyze the migration response of American workers to two of the most important shocks that hit US manufacturing since the late 1990s - Chinese import competition...
Persistent link: https://www.econbiz.de/10012603222
Cover Image
The impact of technology and trade on migration : evidence from the US
Faber, Marius; Sarto, Andrés; Tabellini, Marco - 2020
Migration has long been considered one of the key mechanisms through which labor markets adjust to economic shocks. In this paper, we analyze the migration response of American workers to two of the most important shocks that have hit Western economies since the late 1990s – import competition...
Persistent link: https://www.econbiz.de/10012177544