IDEAS home Printed from https://ideas.repec.org/p/cte/whrepe/wh031006.html
   My bibliography  Save this paper

Wages and labor income in history : a survey

Author

Listed:
  • Prados de la Escosura, Leandro
  • Rosés, Joan R.

Abstract

Income distribution has been a main topic in economics since the days of Gregory King and William Petty. In this paper some empirical issues in the study of labor income are surveyed in the light of economic history, including the hypothesis of the stability of factor shares across time and space and the relative importance of raw labor and human capital in labor income.

Suggested Citation

  • Prados de la Escosura, Leandro & Rosés, Joan R., 2003. "Wages and labor income in history : a survey," IFCS - Working Papers in Economic History.WH wh031006, Universidad Carlos III de Madrid. Instituto Figuerola.
  • Handle: RePEc:cte:whrepe:wh031006
    as

    Download full text from publisher

    File URL: https://e-archivo.uc3m.es/bitstream/handle/10016/406/wh031006.pdf?sequence=1
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Alan B. Krueger, 1999. "Measuring Labor's Share," American Economic Review, American Economic Association, vol. 89(2), pages 45-51, May.
    2. Douglas Gollin, 2002. "Getting Income Shares Right," Journal of Political Economy, University of Chicago Press, vol. 110(2), pages 458-474, April.
    3. Rosés, Joan R., 1998. "Measuring the contribution of human capital to the development of the Catalan factory system (1830–61)," European Review of Economic History, Cambridge University Press, vol. 2(1), pages 25-48, April.
    4. Mulligan, C. B. & Sala-i-Martin, X., 1997. "A labor income-based measure of the value of human capital: An application to the states of the United States," Japan and the World Economy, Elsevier, vol. 9(2), pages 159-191, May.
    5. Maddison, Angus, 1987. "Growth and Slowdown in Advanced Capitalist Economies: Techniques of Quantitative Assessment," Journal of Economic Literature, American Economic Association, vol. 25(2), pages 649-698, June.
    6. Alan Krueger, 1999. "Measuring Labor's Share," Working Papers 792, Princeton University, Department of Economics, Industrial Relations Section..
    7. repec:fth:prinin:413 is not listed on IDEAS
    8. Abramovitz, Moses & David, Paul A, 1973. "Reinterpreting Economic Growth: Parables and Realities," American Economic Review, American Economic Association, vol. 63(2), pages 428-439, May.
    9. repec:fth:harver:1487 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hernando Zuleta, 2012. "Seasonal Fluctuations And Economic Growth," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 37(4), pages 1-27, December.
    2. Marianne Ward & John Devereux, 2021. "New Income Comparisons for the late Nineteenth and Early Twentieth Century," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 67(1), pages 222-247, March.
    3. Hernando Zuleta, 2008. "Seasons, savings and GDP," Documentos de Trabajo 4592, Universidad del Rosario.
    4. Gennady Bilych, 2013. "Marx¡¯s Labor Theory of Value. Misleading or Truth?," Business and Economic Research, Macrothink Institute, vol. 3(1), pages 212-226, June.
    5. ., 2013. "Total Factor Productivity and Economic Growth in Indonesia," Chapters, in: D. S.P. Rao & Bart van Ark (ed.), World Economic Performance, chapter 8, pages 193-226, Edward Elgar Publishing.
    6. Miroslav Nedelchev, 2019. "Theories Of Executive Remuneration," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 16(1), pages 10-18.
    7. Pierre van der Eng, 2008. "The sources of long-term economic growth in Indonesia, 1880-2007," ANU Working Papers in Economics and Econometrics 2008-499, Australian National University, College of Business and Economics, School of Economics.
    8. van der Eng, Pierre, 2010. "The sources of long-term economic growth in Indonesia, 1880-2008," Explorations in Economic History, Elsevier, vol. 47(3), pages 294-309, July.
    9. Esther Moral & Veronique Genre, 2007. "Labour share developments in the euro area," Economic Bulletin, Banco de España, issue JUL, pages 97-109, July.
    10. Parisi, Maria Laura, 2017. "Labor market rigidity, social policies and the labor share: Empirical evidence before and after the big crisis," Economic Systems, Elsevier, vol. 41(4), pages 492-512.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kyoji Fukao & Cristiano Perugini, 2021. "The Long‐Run Dynamics of the Labor Share in Japan," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 67(2), pages 445-480, June.
    2. Marta Guerriero, 2019. "The Labor Share of Income Around the World: Evidence from a Panel Dataset," ADB Institute Series on Development Economics, in: Gary Fields & Saumik Paul (ed.), Labor Income Share in Asia, chapter 0, pages 39-79, Springer.
    3. Machin, Stephen & Bell, Brian & Bukowski, Pawel, 2018. "Rent Sharing and Inclusive Growth," CEPR Discussion Papers 13408, C.E.P.R. Discussion Papers.
    4. Akos Valentinyi & Berthold Herrendorf, 2008. "Measuring Factor Income Shares at the Sector Level," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 820-835, October.
    5. Marta Guerriero, 2019. "Democracy and the Labor Share of Income: A Cross-Country Analysis," ADB Institute Series on Development Economics, in: Gary Fields & Saumik Paul (ed.), Labor Income Share in Asia, chapter 0, pages 151-176, Springer.
    6. Willman, Alpo, 2007. "Sequential optimization, front-loaded information, and U.S. consumption," Working Paper Series 765, European Central Bank.
    7. Oduor, Jacob, 2010. "Are prior restrictions on factor shares appropriate in growth accounting estimations?," Economic Modelling, Elsevier, vol. 27(2), pages 595-604, March.
    8. Gori, Luca & Sodini, Mauro, 2021. "A Contribution To The Theory Of Fertility And Economic Development," Macroeconomic Dynamics, Cambridge University Press, vol. 25(3), pages 753-775, April.
    9. Hernando Zuleta, 2007. "Why labor income shares seem to be constant?," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 16(4), pages 551-557.
    10. Peretto, Pietro F. & Seater, John J., 2013. "Factor-eliminating technical change," Journal of Monetary Economics, Elsevier, vol. 60(4), pages 459-473.
    11. Pietro Peretto & John J. Seater, 2006. "Augmentation or Elimination?," DEGIT Conference Papers c011_060, DEGIT, Dynamics, Economic Growth, and International Trade.
    12. Chi, Wei & Qian, Xiaoye, 2013. "Regional disparity of labor's share in China: Evidence and explanation," China Economic Review, Elsevier, vol. 27(C), pages 277-293.
    13. Rainer Klump & Peter McAdam & Alpo Willman, 2004. "Factor Substitution and Factor Augmenting Technical Progress in the US: A Normalized Supply-Side System Approach," DEGIT Conference Papers c009_030, DEGIT, Dynamics, Economic Growth, and International Trade.
    14. Hernando Zuleta, 2007. "Biased technological change, human capital and factor shares," Documentos de Trabajo 4380, Universidad del Rosario.
    15. Aretz, Bodo & Busl, Claudia & Gürtzgen, Nicole & Hogrefe, Jan & Kappler, Marcus & Steffes, Susanne & Westerheide, Peter, 2009. "Endbericht zum Forschungsauftrag fe 13/08: "Ursachenanalyse der Verschiebung in der funktionalen Einkommensverteilung in Deutschland" (Aktenzeichen I A 3 - Vw 3170/08/10035)," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, number 110510.
    16. Hernando Zuleta, 2015. "Factor shares, inequality, and capital flows," Southern Economic Journal, John Wiley & Sons, vol. 82(2), pages 647-667, October.
    17. Dawson, John W. & Sturgill, Brad, 2022. "Market Institutions and Factor Shares Across Countries," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 266-289.
    18. Onur Özdemir, 2020. "The handicap for enhanced solidarity across advanced economies: The greater the economic openness higher the unequal distribution of income," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 91(4), pages 585-632, December.
    19. Growiec, Jakub & McAdam, Peter & Mućk, Jakub, 2018. "Endogenous labor share cycles: Theory and evidence," Journal of Economic Dynamics and Control, Elsevier, vol. 87(C), pages 74-93.
    20. Mai, Nhat Chi, 2018. "Three Essays On Financial Integration And Trade Liberalization," OSF Preprints hfrdq, Center for Open Science.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cte:whrepe:wh031006. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ana Poveda (email available below). General contact details of provider: http://portal.uc3m.es/portal/page/portal/instituto_figuerola .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.