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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP11810 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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