The present paper analyzes the medium- and the short-run dynamics of the labor share in Italy adopting an unusual approach to the problem. We do notstudy the aggregate level, but analyze instead the labor shares of firms. The aim is to identify determinants of the labor shares and investigate the effects of the elasticity of substitution between labor and capital, the effects of technical progress and globalization.
A Firm-Level Analysis of the Italian Labor Share / Magnani, Marco; Dall'Aglio, Vincenzo; Marchini, Pier Luigi. - In: RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI. - ISSN 0035-676X. - 2:Aprile - Giugno 2015(2015), pp. 179-210.
A Firm-Level Analysis of the Italian Labor Share
MAGNANI, Marco;DALL'AGLIO, Vincenzo;MARCHINI, Pier Luigi
2015-01-01
Abstract
The present paper analyzes the medium- and the short-run dynamics of the labor share in Italy adopting an unusual approach to the problem. We do notstudy the aggregate level, but analyze instead the labor shares of firms. The aim is to identify determinants of the labor shares and investigate the effects of the elasticity of substitution between labor and capital, the effects of technical progress and globalization.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.