The Labor Share: A Review of Theory and Evidence

Unknown author

2011-10-01preprintRePEc: Research Papers in Economics47 citationsgreen

No readable copy stored yet — this record is metadata only.

Economic Theory and Policy Labor market dynamics and wage inequality Political Economy and Marxism

Abstract

The labor share is defined as the share of value added which is payed out to workers. It is therefore often also called the wage share. Generally it is assumed that value added is produced with capital and labor as input factors so that Y = F(K;L) where Y is value added or output, K the capital input, and L labor.

Citations in this library

Stored only when both papers are in the corpus — 47 citations exist upstream.

References

1957Technical Change and the Aggregate Production Function

1956ECONOMIC GROWTH and CAPITAL ACCUMULATION

1991Equilibrium Unemployment Theory

1973Transcendental Logarithmic Production Frontiers

1928A Theory of Production

1961Capital-Labor Substitution and Economic Efficiency

1946Capital Expansion, Rate of Growth, and Employment

1955Alternative Theories of Distribution

Cited by

2017Globalisation and the decline of the labour share: A microeconomic perspective