Labor share trends in three Baltic countries: literature review and empirical evidence
Long-term stability of relative shares of production factors – labor and capital – was an implied fact for a long time. However, recently empirical data have become available, and several authors have presented a conclusive evidence showing a worldwide decline in labor share, which is especially ma...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Vilnius University Press
2015-03-01
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Series: | Ekonomika |
Subjects: | |
Online Access: | https://www.journals.vu.lt/ekonomika/article/view/5322 |