Institutions, Deindustrialization, and Functional Income Distribution in Japan

Kyoji Fukao and Cristiano Perugini

Chapter Chapter 9 in Labor Income Share in Asia, 2019, pp 231-245 from Springer

Abstract: Abstract We investigate the long-term drivers of the labor share in Japan using data from the Japanese Industrial Productivity database from 1970 to 2012. The descriptive and econometric results indicate that the decline in the labor share observed in Japan during the period of analysis was highly concentrated in the low-knowledge-intensity sectors, the employment share of which has increased remarkably. These sectors also experienced a strong increase in non-regular workers, who constitute a secondary segment of the labor market in Japan, characterized by low wages and very limited union coverage. The low level of protection of this group of workers and the increase in market power concentration have probably contributed to reducing the bargaining power of labor vis-à-vis employers and, consequently, the labor share.

Keywords: Labor share; Non-regular work; Markup; Japan (search for similar items in EconPapers)
JEL-codes: E25 J30 L11 O14 (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:adbchp:978-981-13-7803-4_9

Ordering information: This item can be ordered from
http://www.springer.com/9789811378034

DOI: 10.1007/978-981-13-7803-4_9

Access Statistics for this chapter

More chapters in ADB Institute Series on Development Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().