The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law. [...] Most of the initial literature tended to focus on the macro- or sectoral determinants of this labour share, with the two leading explanations for the downward trend being the rapid advice of technology and the globalisation of trade. [...] Section 4 provides an overview of the methodology used in the analysis of the intra-sector drivers of labour shares and the results of the regression analysis are then presented in section 5. [...] The difference between the overall wage share and the mean gives us a covariance term capturing the strength of the relationship between the firm size (measured by its share of value-added in the sector) and its wage share. [...] The lack of a strong trend in the data motivates our focus on drivers of the changes in the labour share as opposed to the overall trend in Section 47.
Authors
- Pages
- 28
- Published in
- Ireland
