Dávila, Andrés O.; Fernández, Manuel; Zuleta, Hernando - 2021
the total labor, human capital, and physical capital shares, while the raw labor share remains unchanged. Our estimates … suggest that the natural resource boom explains nearly 25.7 percent of the global decline of the total labor share during the … 2000s. We also find a redistribution effect within labor income that indicates that the fall of the labor share was …