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The Labour Share of Income
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
2014 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

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
2014.
Keyword [en]
Labour share, functional distribution of income, capital intensity, technological progress, international trade
National Category
Economics
Identifiers
URN: urn:nbn:se:uu:diva-219693OAI: oai:DiVA.org:uu-219693DiVA: diva2:702917
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Available from: 2014-03-05 Created: 2014-03-05 Last updated: 2014-03-05Bibliographically approved

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