Abu-Qarn, Aamer; Abu-Bader, Suleiman - Economics Department, Ben Gurion University of the Negev - 2007
In this paper we reassess the conventional measure of the capital share in income by estimating the shares of inputs in income for 23 OECD countries for the period 1960-2003 utilizing panel data techniques. A share of physical capital of over 0.50, and not one-third as commonly accepted, is...