A Firm-level Analysis of the Italian Labor Share

Vincenzo Dall’Aglio (), Marco Magnani and Pier Luigi Marchini ()
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Vincenzo Dall’Aglio: Department of Economics, University of Parma
Pier Luigi Marchini: Department of Economics, University of Parma

Rivista Internazionale di Scienze Sociali, 2015, vol. 123, issue 2, 179-210

Abstract: The present paper analyzes the medium- and the short-run dynamics of the labor share in Italy adopting an unusual approach to the problem. We do notstudy the aggregate level, but analyze instead the labor shares of firms. The aim is to identify determinants of the labor shares and investigate the effects of the elasticity of substitution between labor and capital, the effects of technical progress and globalization.

Keywords: Factor shares; Functional incomedistribution; Firm behaviour (search for similar items in EconPapers)
JEL-codes: D22 D33 E24 E25 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (5)

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