The Labor Share of Income around the World: Evidence from a Panel Dataset
The Labor Share of Income around the World: Evidence from a Panel Dataset
复制标题
世界各地的劳动收入份额：来自面板数据集的证据
DOI：
--
复制
发表时间：
2019
期刊：
影响因子：
--
通讯作者：
Marta Guerriero
中科院分区：
文献类型：
--
作者：
Marta Guerriero
本研究提供了五种不同的估计方法，通常使用的劳动份额文献的评价，并提出了一个新的测量。全球151个经济体（包括发展中国家和发达国家）的劳动收入份额数据集涵盖了1970 - 2015年的全部或部分时间。结果表明，我们建议的指标是相关的其他五个措施，但它也保留了独特的信息。与传统的要素份额稳定的假设相反，它证明了各经济体之间存在相当大的异质性和随时间的变化。具体而言，世界各地的劳动力份额普遍下降，特别是从1980年代中期开始。
This study provides an evaluation of five different methodologies of estimation commonly used in the labor share literature and propose a new measurement. Theglobal dataset of the labor income share across 151 economies is compiled—both developing and developed—for all or part of the period 1970–2015. Results show that our suggested indicator is correlated to the other five measures but it also retains unique information. Contrary to the traditional assumption of stable factor shares, it documents the existence of considerable heterogeneity across economies and variability over time. Specifically, there has been a general decline in the labor share around the world, in particular from the mid-1980s onwards.