The distribution of value-added in France, 1949-2007
AbstractPublication by INSEE of very long time series of national accounts makes it possible to have a look on the distribution of value-added and its evolution in France for nearly sixty years. Apart from updating the conclusions, this article studies to which extent conceptual and methodological innovations introduced by successive bases may have an impact on the measurement of the distribution of value-added. It also clarifies the hypotheses made to compare the preceding bases and to publish data in a unique base. A second part is devoted to the economic interpretation of the evolution of the distribution of value-added within non-financial corporations. This is a theoretical study without econometrical estimations. It describes which effects should be taken into account in such estimations and reviews the conclusions of different empirical studies made on the distribution of value-added.
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Bibliographic InfoPaper provided by Institut National de la Statistique et des Etudes Economiques, DESE in its series Documents de Travail de la DESE - Working Papers of the DESE with number g2009-01.
Date of creation: 2009
Date of revision:
National income accounting; factor income; income distribution; labour share; capital-labour ratio;
Find related papers by JEL classification:
- E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
- E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
- J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
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