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dc.creatorZuleta, Hernando 
dc.date.accessioned2015-09-21T18:06:58Z
dc.date.available2015-09-21T18:06:58Z
dc.date.created2007
dc.date.issued2007
dc.identifier.citationZuleta, H. (2007). Why labor income shares seem to be constant? Bogotá: Universidad del Rosario.
dc.identifier.urihttp://repository.urosario.edu.co/handle/10336/10853
dc.description.abstractThe common assumptions that labor income share does not change over time or across countries and that factor income shares are equal to the elasticity of output with respect to factors have had important implications for economic theory. However, there are various theoretical reasons why the elasticity of output with respect to reproducible factors should be correlated with the stage of development. In particular, the behavior of international trade and capital flows and the existence of factor saving innovations imply such a correlation. If this correlation exists and if factor income shares are equal to the elasticity of output with respect to factors then the labor income share must be negatively correlated with the stage of development. We propose an explanation for why labor income share has no correlation with income per capita: the existence of a labor intensive sector which produces non tradable goods.
dc.format.extent13 páginas
dc.format.mediumRecurso electrónico
dc.format.mimetypeapplication/pdf
dc.language.isospa
dc.relation.ispartofSerie documentos de trabajo. No 15 (Marzo 2007)
dc.relation.urihttps://ideas.repec.org/p/col/000092/003779.html
dc.subject.ddcEconomía laboral 
dc.subject.lembEconomía laboral
dc.subject.lembProducción::Aspectos Económicos
dc.subject.lembModelos económicos
dc.subject.lembEconomía
dc.titleWhy labor income shares seem to be constant?
dc.typeworkingPaper
dc.publisherUniversidad del Rosario
dc.publisher.departmentFacultad de Economía
dc.subject.keywordFactor Income Shares
dc.subject.keywordElasticity of output with respect to factors
dc.subject.keywordtwo sector model
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.type.spaDocumento de trabajo
dc.rights.accesoAbierto (Texto completo)
dc.type.hasVersioninfo:eu-repo/semantics/acceptedVersion
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dc.format.tipoDocumento
dc.rights.ccAtribución-NoComercial-SinDerivadas 2.5 Colombia
dc.identifier.doihttps://doi.org/10.48713/10336_10853
dc.relation.citationIssueNo. 15
dc.relation.citationTitleSerie Documentos de trabajo. Economía
dc.source.instnameinstname:Universidad del Rosario
dc.source.instnameinstname:Universidad del Rosario
dc.source.reponamereponame:Repositorio Institucional EdocUR


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