The Labour Share of Income
Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
This thesis uses panel data on six countries over the period 1965-2010 to estimate the effects of international trade and changes in production on the labour share of income in small high-income economies in the EU. Estimations are done using data on the whole period as well as two split samples covering the years 1965-1985 and 1986-2010. The results give evidence that international trade has had a negative impact on the labour share. Technological progress is suggested to have had a negative impact on the labour share for the full sample. This forms evidence for technological progress to have been capital-augmenting.
Place, publisher, year, edition, pages
Labour share, functional distribution of income, capital intensity, technological progress, international trade
IdentifiersURN: urn:nbn:se:uu:diva-219693OAI: oai:DiVA.org:uu-219693DiVA: diva2:702917
Vredin Johansson, Maria
Waldenström, Daniel, Professor