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The Rise of Information Societies and the Declining Labor Income Share
https://u-hyogo.repo.nii.ac.jp/records/6312
https://u-hyogo.repo.nii.ac.jp/records/631268df4840-a9f9-46b6-9baf-7b2e206a32a4
名前 / ファイル | ライセンス | アクション |
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Item type | プレプリント / Preprint(1) | |||||
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公開日 | 2021-06-08 | |||||
タイトル | ||||||
タイトル | The Rise of Information Societies and the Declining Labor Income Share | |||||
タイトル | ||||||
タイトル | The Rise of Information Societies and the Declining Labor Income Share | |||||
言語 | en | |||||
言語 | ||||||
言語 | eng | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | Raw and educated lab | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | Endogenous Growth model | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | Decreasing cost of PCs | |||||
資源タイプ | ||||||
資源タイプ識別子 | http://purl.org/coar/resource_type/c_1843 | |||||
資源タイプ | other | |||||
抄録 | ||||||
値 | Currently, the decline in the labor income share, which had been recognized in the past as stable in the long run, has been drawing a lot of attention. Furthermore, labor seems to have been polarizing into skilled and unskilled, or raw and intellectual, labor. Thus, we develop a simple model with endogenous raw and educated labor supplies and endogenous technological change. The model does not include transition dynamics, which stem from the constant resource allocation of goods, labor, and time. Long-run steady positive growth is realized with sufficiently high R\&D profitability, a sufficiently highly educated labor supply, and sufficiently patient households. In an economy with a sufficiently lower contribution of raw labor, an increase in R\&D activity increases the labor share, but it coinstantaneously expands the income difference between raw and educated labor. | |||||
書誌情報 |
en : Discussion Paper 号 124, p. 1-23, 発行日 2021-02 |
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出版者 | ||||||
値 | Institute for Policy Analysis and Social Innovation,University of Hyogo | |||||
書誌レコードID | ||||||
値 | AA12111015 | |||||
著者版フラグ | ||||||
値 | publisher |