Partage de la valeur ajoutée dans les pays industrialisés. De nouvelles estimations
So far, comparative studies of capital (or labour) share have opposed European to Anglo-Saxon countries. They have shown that capital share presents sharp movements and a positive trend in European countries, while it is stable in Anglo-Saxon countries. These stylised facts are often explained by the rigidities affecting the European countries and the flexibility of the so-called “Anglo-Saxon” model. Based on new capital share indicators, this comparative analysis aims at questioning these stylised facts. It concludes that, instead of separating European from Anglo-Saxon countries, it is much more relevant to oppose oil producing countries to non producing countries. Furthermore, when removing the oil sector in producing countries, the movements in capital share present common features in all countries except for the United States. JEL Codes: E25 et O57.
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