OECD Statistics Working Papers

Has the Labour Share Declined?: It Depends

DOI:https://doi.org/10.1787/2dcfc715-en

We revisit the issue of how best to measure the labour and capital shares in OECD economies, distinguishing between production- and income-based perspectives. The former adopts a producer perspective with gross income as a reference: it uses a production function in a market setting. The latter...



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