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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP16857 |
DP16857 Labor Share, Markups, and Input-Output Linkages - Evidence from the National Accounts | |
Berthold Herrendorf; Benjamin Bridgman | |
发表日期 | 2022-04-20 |
出版年 | 2022 |
语种 | 英语 |
摘要 | The literature has suggested many possible reasons for the recent decrease in the U.S. labor share. We build a multi-sector model with input-output linkages that allows us to identify the key driving forces. We find that the decrease in the U.S. labor share reflects both sectoral forces, which can be identified with micro or NIPA data, and aggregation effects, which can be identified only with NIPA data. Specifically, we find that the main force was an increase in sectoral markups, which input-output linkages importantly amplified. |
主题 | Macroeconomics and Growth |
关键词 | Double marginalization Input-output linkages Labor share Markups Outsourcing Structural change |
URL | https://cepr.org/publications/dp16857-0 |
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/546240 |
推荐引用方式 GB/T 7714 | Berthold Herrendorf,Benjamin Bridgman. DP16857 Labor Share, Markups, and Input-Output Linkages - Evidence from the National Accounts. 2022. |
条目包含的文件 | 条目无相关文件。 |
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