Article ID Journal Published Year Pages File Type
965466 Journal of Macroeconomics 2012 19 Pages PDF
Abstract
► I examine the relationship between factor shares and economic development. ► I decompose total capital's share into physical and natural capital's share. ► I decompose total labor's share into human capital's share and raw labor's share. ► Reproducible shares are positively related to economic development. ► Non-reproducible shares are negatively related to economic development.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
,