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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/10013104675
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
Persistent link: https://www.econbiz.de/10009611853
Summary statistics on the labor share of income show that between-country variation is much greater than within-country variation: functional income distribution is determined by factors which change substantially across countries but are persistent over time. This article attempts to shed some...
Persistent link: https://www.econbiz.de/10011964259
There are two fundamental reasons why factor shares have traditionally been overlooked in the economic literature. First, because of their nature, factor shares are conceptually difficult to define and measure. Second, they have for a long time been perceived as constant across time and space....
Persistent link: https://www.econbiz.de/10011964265
There are two fundamental reasons why factor shares have traditionally been overlooked in the economic literature. First, because of their nature, factor shares are conceptually difficult to define and measure. Second, they have for a long time been perceived as constant across time and space....
Persistent link: https://www.econbiz.de/10012890090
Summary statistics on the labor share of income show that between-country variation is much greater than within-country variation: functional income distribution is determined by factors which change substantially across countries but are persistent over time. We attempt to shed some light on...
Persistent link: https://www.econbiz.de/10012890091
Persistent link: https://www.econbiz.de/10010387277
Exploring the politics of inclusive development : towards a new conceptual approach / Sam Hickey, Kunal Sen, and Badru Bukenya -- The political determinants of economic growth : an analytical review / Kunal Sen -- The politics of what works for the poor in public expenditure and taxation / Paul...
Persistent link: https://www.econbiz.de/10010457793
Persistent link: https://www.econbiz.de/10000980880