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productivity is derived. A semi-parametric approach is applied on a 3-digit level of industrial data over major states during 1998 …-2014 to regress Solow residual (the proxy for productivity) on trade share along with its interaction terms capturing market … productivity. It is argued that the joint effects of market size and competition arising out of trade cannot dominate the adverse …
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the wage-productivity gap could enlighten economic policy. -- income distribution ; labour share ; wage gap ; inequality …
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In this paper, we measure the effect of changing capital income shares upon inequality of gross household income. Using EU-SILC data covering 17 EU countries from 2005 to 2011 we find that capital income shares are positively associated with the concentration of gross household income. Moreover,...
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