Capital-labor substitution, structural change and the labor income share

Recent work has documented declines in the labor income share in the United States and beyond. This paper documents that this decline was more pronounced in manufacturing than in services in the U.S. and in a broad set of other industrialized economies, and shows that a model with cross-sectoral dif...

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Bibliographic details
Volume: 87
Main Author: Alvarez-Cuadrado, Francisco
Long, Ngo Van
Poschke, Markus
Format: Journal Article
Language: English
Place of publication: AMSTERDAM Elsevier B.V 01.02.2018
ELSEVIER SCIENCE BV
published in: Journal of economic dynamics & control Vol. 87; pp. 206 - 231
Data of publication: February 2018
ISSN: 0165-1889
1879-1743
EISSN: 1879-1743
Discipline: Economics
Subjects:
O40
041
O30
Online Access: available in Bonn?
Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index – 2018
Web of Knowledge
Web of Science
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