G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16857
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
URLhttps://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.
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