Changing Factor Income Shares in Agri-Food Industries

Srinivasa Konduru and Bruce Bjornson

Journal of Agricultural and Applied Economics, 2004, vol. 36, issue 3, 16

Abstract: A concern in the political economy is how national income is shared between labor and capital. This study evaluates long-term changes in factor income shares in three agri-food industries, their attribution to the level of factor usage or to factor compensation rates, and relation to changes in capital intensity and factor productivity. We find long-term stability in the profit and labor shares of farm income, decline, in the profit share of agricultural serviced industry income, and increase in the profit share of food manufacturing income due to fewer productivity improvements being passed on to wage increases.

Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/43474/files/Ko ... 0December%202004.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:43474

DOI: 10.22004/ag.econ.43474

Access Statistics for this article

More articles in Journal of Agricultural and Applied Economics from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().