Growth regimes, intangible capital and the labour share

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Abstract

This paper examines how far an increase in the intangible capital to output ratio contributes to changes in the labour share. We focus on a selection of OECD countries using industry-level data from 1995 to 2017. We show that the relationship between intangible capital and labour share is heterogeneous, and whether it is positive or negative depends on the types of intangibles and the growth regime of the national economy.
Original languageEnglish
Pages1
Number of pages41
Publication statusUnpublished - 1 Oct 2022

Publication series

NameIn submission

Keywords

  • growth regimes
  • intangible capital
  • labour share

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)
  • General Economics,Econometrics and Finance

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