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The Evolution of the Labour Share in Poland: New Evidence from Firm-Level Data

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  • Sebastian Zalas
  • Hubert Drążkowski

Abstract

We evaluate the usefulness of non-representative registry data such as Orbis in drawing inferences about economic phenomena in Poland. While firm-level studies of economic phenomena are of key policy relevance, census data and representative samples are scarcely available across countries. We obtain estimates of the labour share for the period 1995–2019. For the overlapping period and samples, we compare our estimates to Growiec [2009], who drew on a census of Polish firms employing 50+ employees. We also refer to OECD STAN data. We demonstrate that time patterns are common across data sources. Additionally, we study the potential for various imputation methods to enrich inference.

Suggested Citation

  • Sebastian Zalas & Hubert Drążkowski, 2023. "The Evolution of the Labour Share in Poland: New Evidence from Firm-Level Data," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 3, pages 13-33.
    • Handle: RePEc:sgh:gosnar:y:2023:i:3:p:13-33
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    References listed on IDEAS

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    1. Jakub Mućk & Peter McAdam & Jakub Growiec, 2018. "Will The “True” Labor Share Stand Up? An Applied Survey On Labor Share Measures," Journal of Economic Surveys, Wiley Blackwell, vol. 32(4), pages 961-984, September.
    2. Jan De Loecker & Jan Eeckhout & Gabriel Unger, 2020. "The Rise of Market Power and the Macroeconomic Implications [“Econometric Tools for Analyzing Market Outcomes”]," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(2), pages 561-644.
    3. Matthias Kehrig & Nicolas Vincent, 2021. "The Micro-Level Anatomy of the Labor Share Decline," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 136(2), pages 1031-1087.
    4. Alberto Cavallo & Roberto Rigobon, 2016. "The Billion Prices Project: Using Online Prices for Measurement and Research," Journal of Economic Perspectives, American Economic Association, vol. 30(2), pages 151-178, Spring.
    5. Matthew Smith & Danny Yagan & Owen Zidar & Eric Zwick, 2022. "The Rise of Pass-Throughs and the Decline of the Labor Share," American Economic Review: Insights, American Economic Association, vol. 4(3), pages 323-340, September.
    6. Peter N. Gal, 2013. "Measuring Total Factor Productivity at the Firm Level using OECD-ORBIS," OECD Economics Department Working Papers 1049, OECD Publishing.
    7. David Autor & David Dorn & Lawrence F Katz & Christina Patterson & John Van Reenen, 2020. "The Fall of the Labor Share and the Rise of Superstar Firms [“Automation and New Tasks: How Technology Displaces and Reinstates Labor”]," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(2), pages 645-709.
    8. Arthur Bauer & Jocelyn Boussard, 2020. "Market Power and Labor Share," Economie et Statistique / Economics and Statistics, Institut National de la Statistique et des Etudes Economiques (INSEE), issue 520-521, pages 125-146.
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    10. T. Kirk White & Jerome P. Reiter & Amil Petrin, 2018. "Imputation in U.S. Manufacturing Data and Its Implications for Productivity Dispersion," The Review of Economics and Statistics, MIT Press, vol. 100(3), pages 502-509, July.
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    14. Dilyana Dimova, 2019. "The Structural Determinants of the Labor Share in Europe," IMF Working Papers 2019/067, International Monetary Fund.
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    More about this item

    Keywords

    missing data; labour share; firm-level data;
    All these keywords.

    JEL classification:

    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • D33 - Microeconomics - - Distribution - - - Factor Income Distribution
    • E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution

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