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Die Entwicklung der funktionalen Einkommensverteilung und ihrer Einflussfaktoren in ausgewählten Industrieländern 1960-2010

  • Hagen Kraemer
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    n the first part of the study developments of factor shares in six advanced economies since the early 1960s are presented. Instead of focusing on the wage share, ie the share of national income that goes to employees, a broader measure is used to account for all labor income, the labor income share. In the second part a simple empirical approach is used to shed some light on the question why the labor share declined in the majority of countries looked at. The main objective is to identify what happened empirically in the first decade of the new century behind the scene, rather than giving a theoretical expla-nation for the declining shares. In this way the developments of the labor share can by analyzed in detail by decomposing changes of the constituent factors that built the nu-merator and the denominator of the labor income share. The increase of the factors that determine the distributive scope is then contrasted with the development of the factors which can use it.

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    File URL: http://www.boeckler.de/pdf/p_imk_study_1_2011.pdf
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    Paper provided by IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute in its series IMK Studies with number 1-2011.

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    Length: 75 pages
    Date of creation: 2011
    Date of revision:
    Handle: RePEc:imk:studie:1-2011
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    1. Harrison, Ann, 2005. "Has Globalization Eroded Labor’s Share? Some Cross-Country Evidence," MPRA Paper 39649, University Library of Munich, Germany.
    2. Wolfgang Nierhaus, 2003. "Zur gesamtwirtschaftlichen Preisentwicklung," Ifo Schnelldienst, Ifo Institute for Economic Research at the University of Munich, vol. 56(03), pages 37-38, 02.
    3. Rodrik, Dani, 2007. "How to Save Globalization from Its Cheerleaders," Working Paper Series rwp07-038, Harvard University, John F. Kennedy School of Government.
    4. Wolfgang Nierhaus, 2000. "Realeinkommen im neuen Europäischen System Volkswirtschaftlicher Gesamtrechnungen," Ifo Schnelldienst, Ifo Institute for Economic Research at the University of Munich, vol. 53(04), pages 07-13, 02.
    5. Rosen, Sherwin, 1981. "The Economics of Superstars," American Economic Review, American Economic Association, vol. 71(5), pages 845-58, December.
    6. Gustav A. Horn & Katharina Dröge & Simon Sturn & Till van Treeck & Rudolf Zwiener, 2009. "Von der Finanzkrise zur Weltwirtschaftskrise (III)," IMK Report 41-2009, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    7. Bentollia, S. & Saint-Paul, G., 1999. "Explaining Movements in the Labor Share," Papers 9905, Centro de Estudios Monetarios Y Financieros-.
    8. Paul R. Krugman, 2008. "Trade and Wages, Reconsidered," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 39(1 (Spring), pages 103-154.
    9. Horn, Gustav A. & Logeay, Camille, 2004. "Kritik am lohnpolitischen Konzept des Sachverständigenrats," Wirtschaftsdienst – Zeitschrift für Wirtschaftspolitik (1998 - 2007), ZBW – German National Library of Economics / Leibniz Information Centre for Economics, vol. 84(4), pages 236-242.
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