G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11810
DP11810 Concentrating on the Fall of the Labor Share
David Dorn; David Autor; Lawrence Katz; Christina Patterson; John Van Reenen
发表日期2017-01-26
出版年2017
语种英语
摘要The recent fall of labor’s share of GDP in numerous countries is well-documented, but its causes are poorly understood. We sketch a “superstar firm” model where industries are increasingly characterized by “winner take most” competition, leading a small number of highly profitable (and low labor share) firms to command growing market share. Building on Autor et al. (2017), we evaluate and confirm two core claims of the superstar firm hypothesis: the concentration of sales among firms within industries has risen across much of the private sector; and industries with larger increases in concentration exhibit a larger decline in labor’s share.
主题Labour Economics ; Macroeconomics and Growth
关键词Labor share Sales concentration
URLhttps://cepr.org/publications/dp11810
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/540623
推荐引用方式
GB/T 7714
David Dorn,David Autor,Lawrence Katz,et al. DP11810 Concentrating on the Fall of the Labor Share. 2017.
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