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Income Distribution and Growth

A Global Model

Dados Bibliográficos

ID4138735
AutoresÖzlem Onaran (0000-0002-6345-9922, University of Greenwich, autor correspondente), Giorgos Galanis (0000-0003-4729-7174, University of Warwick, autor correspondente)
Ano2014
Volume46
Fascículo10
Páginas2489-2513
Data de publicação2014-10-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoEnvironment and Planning A Economy and Space (JOURNAL)
Identificadores do periódicoISSN: 0308-518X • E-ISSN: 1472-3409
EditoraSAGE Publications Inc (PUBLISHER)
DOI10.1068/a46265
OpenAlexW2070614166
IdiomaEN
Citações recebidas26
Referências citadas25

This paper estimates the effects of a change in the wage share on growth at global level in the G20 countries. A decrease in the wage share in isolation leads to lower growth in the euro area, Germany, France, Italy, the UK, the US, Japan, Turkey, and South Korea, whereas it stimulates growth in Canada, Australia, Argentina, Mexico, China, India, and South Africa. However, a simultaneous decline in the wage share in all these countries leads to a decline in global growth. Furthermore, Canada, Argentina, Mexico, and India also experience negative effects on growth when they decrease their wage share along with their trading partners. The results indicate that the global decline in labour share has had significant negative effects on growth

China · Demographic economics · Development economics · Economics · Efficiency wage · Geography · Labour economics · Wage · Wage growth · Wage share · Economic Growth and Productivity · Economic theories and models · Economic Theory and Policy

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Obras citantes distintas26
Citações por ano2,6
Intervalo de citações2016 - 2025 (10)
Velocidade de citaçãorecent
Altamente citadoNão
Tipos de citaçãoNeutras: 25
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