Journal
OXFORD ECONOMIC PAPERS-NEW SERIES
Volume 64, Issue 2, Pages 259-280Publisher
OXFORD UNIV PRESS
DOI: 10.1093/oep/gpr031
Keywords
F16; J31
Categories
Ask authors/readers for more resources
The labour share of GDP has declined in recent decades in many leading economies. This paper examines the mechanisms of falling labour share using Finnish manufacturing plant-level data over three decades. Using a useful variant of the decomposition method, we make a distinction between the changes in the average plant and the micro-level restructuring. We show that micro-level restructuring is the link between the declining labour share and increasing productivity, and that increased international trade is a factor underlying those shifts.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available