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Shifts in the Labor Share of South Korea's Manufacturing Sector: An Industry-Level Analysis

Myungkoo Song
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Myungkoo Song: Korea Institute for Industrial Economics and Trade

No 24, Industrial Economic Review from Korea Institute for Industrial Economics and Trade

Abstract: This paper examines recent trends in the labor income share within South Korea’s manufacturing sector and connects these trajectories to the broader global discourse on labor share dynamics. The objective of this study is to deepen our understanding of the underlying factors shaping the sector’s evolution.

Keywords: labor income; labor share of income; income distribution; national income; national income distribution; manufacturing industry; manufacturing employment; income dynamics; distribution analysis; labor (search for similar items in EconPapers)
JEL-codes: D31 D33 L62 (search for similar items in EconPapers)
Pages: 15
Date: 2025-08-31
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Published in KIET Industrial Economic Review Vol. 30, No. 4, pp. 20-35

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