Journal of Business & Economic Policy

Labor Share across Countries
Piyusha Mutreja

Abstract
In this article, I document facts on labor share of income in a sample of 95 countries during 1975-2019. There is large variation in the labor share of income across countries. On average, labor share is smaller in rich countries by 6 percent points. Global decline in labor share since the 1980s is mainly concentrated in rich and middle-income countries while the decline in poor countries is marginal. Approx. 25% countries experienced an increase in the labor share, instead of a decline.

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