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...

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Bibliographic Details
Main Authors: Aušra Razgūnė, Romas Lazutka
Format: Article
Language:English
Published: Vilnius University Press 2015-03-01
Series:Ekonomika
Subjects:
Online Access:https://www.journals.vu.lt/ekonomika/article/view/5322

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