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Factor Shares in the long run

Author

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  • Matthew Fisher-Post

    (PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris sciences et lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, WIL - World Inequality Lab, Harvard Kennedy School - Harvard Kennedy School)

Abstract

The purpose of this study is to construct and then analyze a new dataset that systematically documents the labor share of national income for more than 200 countries over the past 70 years. Using new archival data on national accounts, we measure the long-run evolution of national income between factor shares (labor and capital). In addition to its implicit impor- tance in the study of inequality, the data naturally lends itself to novel empirical analysis of international patterns in tax progressivity, trade integration, technology, and labor force com- position.

Suggested Citation

  • Matthew Fisher-Post, 2020. "Factor Shares in the long run," Working Papers hal-02876978, HAL.
    • Handle: RePEc:hal:wpaper:hal-02876978
    Note: View the original document on HAL open archive server: https://pjse.hal.science/hal-02876978
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    References listed on IDEAS

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    1. Brent Neiman, 2014. "The Global Decline of the Labor Share," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(1), pages 61-103.
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    3. Bengtsson, Erik & Waldenström, Daniel, 2018. "Capital Shares and Income Inequality: Evidence from the Long Run," The Journal of Economic History, Cambridge University Press, vol. 78(3), pages 712-743, September.
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    More about this item

    Keywords

    labor share; national income; factor shares; labor; capital;
    All these keywords.

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