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:	Biased technical change Capital-labor substitution Labor income share Structural change Economics Business & Economics Social Sciences Biased technical change Capital-labor substitution O40 Labor income share 041 O30 Structural change TRANSFORMATION ELASTICITY TECHNICAL CHANGE BALANCED GROWTH
Online Access:	available in Bonn?
Database:	Social Sciences Citation Index Web of Science - Social Sciences Citation Index – 2018 Web of Knowledge Web of Science CrossRef Database information Databases - DBIS