What drives labor share change? Evidence from Korean industries
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DOI: 10.1016/j.econmod.2020.10.009
Abstract: Abstract Using aggregate- and industry-level data, this study shows the role of factor substitution and technological progress in labor share change in Korea over the past 30 years. Aggregate labor share shows a declining trend… read more here.
Keywords: share change; labor share; labor; evidence ... See more keywords