Measuring Labor Share in Developing Countries

Brian Reinbold and Paulina Restrepo-Echavarria

The Regional Economist, 2018, vol. 26, issue 1

Abstract: Oftentimes economists think of income in terms of its factor components: labor and capital. The labor share is the fraction of labor income over gross domestic product (GDP), while the capital share is similarly the fraction of capital income over GDP. The labor share used to not draw much attention from researchers because it was long considered to be constant over time. However, it is now well-documented that the labor share in developed countries has, in fact, declined over the last few decades, but evidence remains mixed for developing countries.

Date: 2018
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://www.stlouisfed.org/publications/regional-e ... abor-share-countries Full text (text/html)

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:fip:fedlre:00172

Ordering information: This journal article can be ordered from
subscribe@stls.frb.org

Access Statistics for this article

More articles in The Regional Economist from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis (scott.stlouis@stls.frb.org).