Labour sharePrivatizationWagesLabor's share of GDP in most OECD countries has declined over the last two decades. Some authors have suggested that these changes are linked to deregulation of product and labor markets. To examine this we focus on a large quasi-experiment in the OECD: the ...
Privatization, Entry Regulation and the Decline of Labour's Share of GDP: A Cross-Country Analysis of the Network Industries Van Reenen (2007): "Privatization, Entry Regulation and the Decline of Labour's Share of GDP: A Cross-Country Analysis of the Network Industries," ... G Azmat,A Man...
Depreciation matters for labour share analyses, because the baseline, GDP, is a ‘gross’ metric before depreciation; if more capital is consumed during the production process, there is less net margin to be distributed to labour or capital. This fact, often receiving little attention i...
In the second step, two estimators were used to examine the effect of capital productivity, labour productivity, non-qualified labour, and population share of education on the technical efficiency score of entrepreneurial outcomes. The estimators were the Tobit regression, including random effects and ...
Educational attainment, labour market institutions, and the structure of production A key feature of OECD economic growth since the early 1970s has been the secular decline in manufacturing's share of GDP and the secular rise of service se... SJ Nickell,SJ Redding,JK Swaffield - 《Social Scie...
of literature is recent and includes d’Albis et al., 2016, d’Albis et al., 2019, Furlanetto and Robstad, 2019 or d’Albis et al. (2021). This strand investigates how macroeconomic variables such as GDP, labour income share or government purchases respond to an immigration shock. These...
"I've been very clear about the fiscal rules to get debt falling as a share of GDP, to pay for day-to-day expenditure through tax receipts and there won't be anything in our manifesto that breaks those rules."Related TopicsRachel ReevesSky...
Labour share of income I’m out of town today so just a short post. I’ve written various posts over the years looking at the labour share of income and how that has changed over time in New Zealand, and how what has gone on in New Zealand compares with other OECD countries (eghere...
of the European Union, migration increased the share of EU citizens, especially from Germany (Goujon & Bauer,2015). Among the recent migration waves, the most significant was in 2015, around the peak of the Syrian civil war, when 88,000 asylum seekers originating from countries of the Middle...
1). In the USA, as a comparison, about 30 % of the working-age population lives in a state different from their state of birth.Footnote 3 Fig. 1 Share of EU working-age population born in other EU countries and share of US population born in a different US state. Note: Data for...