The labour-share decrease and the technological-knowledge increase

• Tipo: Artigo em Revista Científica Internacional
• Data: 2020

Autores

Óscar Afonso (Autor) FEP; Almeida, C (Autor) Outra; vasconcelos, pb (Autor) FEP

Revista

Título: Applied Economics Letters

Vol. 27 Nº 12

Páginas: 982- 986

ISSN: 1350-4851

Editora: Taylor & Francis

Indexação

ISI Web of Knowledge - 0 Citações

Scopus - 0 Citações

Outras Informações

ID Authenticus: P-00Q-ZTD

DOI: 10.1080/13504851.2019.1650883

Abstract (EN): We extend the R&D-growth literature by considering an endogenous labour share of the aggregate income to analyse the effects on macroeconomic aggregates. Up to the stable and unique steady-state, the share of skilled workers in the R&D sector first has an instantaneous drop and then starts to increase, the economic-growth rate and the skill-premium increase, and the labour share of the aggregate income decreases due to automation. © 2019, © 2019 Informa UK Limited, trading as Taylor & Francis Group.

Idioma: Inglês

Tipo (Avaliação Docente): Científica