Identidad Institucional CRAI
Logo EdocUR
    • English
    • español
    • português
  •  Work Submission
  •  FAQs
  • English 
    • English
    • español
    • português
  • Login

Contacto

Twitter

Facebook

Youtube

View Item 
  •   Repositorio Institucional EdocUR - Universidad del Rosario
  • Investigación
  • Documentos de investigación
  • Facultad de Economía
  • Documentos de trabajo economía
  • View Item
  •   Repositorio Institucional EdocUR - Universidad del Rosario
  • Investigación
  • Documentos de investigación
  • Facultad de Economía
  • Documentos de trabajo economía
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Factor shares at the sector level, Colombia 1990-2005

  • Exportar citas ▼
    • Exportar a Mendeley
    • Exportar a BibTex
Thumbnail
Visualizar
Date
2009
Author
Zuleta, Hernando
Garcia-Suaza, AndresAutoridad Universidad de Rosario
Young, Andrew T.
Share
Citation
URI
https://ideas.repec.org/p/col/000092/006120.html...

Summary

In general, empirical studies on economics rely on the assumption of constant capital share of income both at the aggregate level and at the sector level. However, there is no empirical evidence supporting the constancy of capital share at the sector level. In this paper, using Colombian data, we measure capital share for 48 sectors during the period 1990-2005. We also explore the relation between capital's share and factor prices and the behavior of capital share during the business cycle. The main results are the following: (i) capital share is not constant but, rather, has an increasing trend; (ii) capital shares growth rates positively correlate with sector value-added growth; (iii) the capital shares behave pro-cyclically; and (iv) there is a positive correlation between capital shares and real wages and a negative correlation between capital shares and interest rates. These results suggest that the usual assumption of constant factor shares is not accurate.

Keyword

Factor Shares ; income distribution ; Colombia ; economic growth ; cycles ;

Subject

Economía financiera ;

Source link

https://ideas.repec.org/p/col/000092/006120.html...

Show full item record

Collections
  • Documentos de trabajo economía [267]
Política de Acceso Abierto URPortal de Revistas URRepositorio de Datos de Investigación URCiencia Abierta UR
 

 

Browse

All of DSpaceCommunities & CollectionsTitlesAuthorsTypeSubjectsAdvisorBy Issue DateThis CollectionTitlesAuthorsTypeSubjectsAdvisorBy Issue Date

My Account

LoginRegister

Statistics

View Usage Statistics
Política de Acceso Abierto URPortal de Revistas URRepositorio de Datos de Investigación URCiencia Abierta UR