Adjusting the Australian Labour Share for Depreciation, Housing and Other Factors, 1960–2016
Declan Trott and
Economic Papers, 2018, vol. 37, issue 4, 412-428
We adjust published Australian labour share series by excluding depreciation and housing from total factor income, and using a range of approximations for self‐employment, business and private sector income. The resulting estimates of the net, non‐housing labour share were at approximately their long‐run averages in 2015–2016. The adjustments do, however, generate a stronger decline and recovery in the labour share during and after the mining boom. Overall, there is little sign of a long‐term decline in the labour share.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bla:econpa:v:37:y:2018:i:4:p:412-428
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0812-0439
Access Statistics for this article
Economic Papers is currently edited by Rachel Ong
More articles in Economic Papers from The Economic Society of Australia Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().