Capital-labor substitution, structural change and the labor income share

DOI10.1016/j.jedc.2017.12.010zbMath1401.91297OpenAlexW3023605482MaRDI QIDQ1657193

Francisco Alvarez-Cuadrado, Markus Poschke, Ngo Van Long

Publication date: 13 August 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://cirano.qc.ca/files/publications/2014s-02.pdf

zbMATH Keywords

structural changelabor income sharecapital-labor substitutionbiased technical change

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Related Items (4)

The dynamics of hours worked and technology ⋮ Capital-skill complementarity, sectoral labor productivity, and structural transformation ⋮ Inside the decline of the labor share: technical change, market power, and structural change ⋮ Interaction effects in the adjustment cost function of firms

Cites Work

• Getting normalization right: dealing with `dimensional constants' in macroeconomics
• Scale and the origins of structural change
• Endogenous aggregate elasticity of substitution
• Beyond Balanced Growth
• Directed Technical Change
• Capital-labor substitution, structural change, and growth
• The Global Decline of the Labor Share*

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