PL EN


2009 | 20 | 9 | 49-66
Article title

THE CAUSES AND IMPLICATIONS OF CHANGES IN THE SHARE OF PROFITS AND WAGES IN GDP (Przyczyny i implikacje zmian w udziale zysków i plac z PKB)

Authors
Selected contents from this journal
Title variants
Languages of publication
PL
Abstracts
EN
The paper examines the latest research into factors behind changes in the functional distribution of incomes, or the relationship between the share of wages and profits in GDP. The author describes the key determinants of theoretical and empirical research and explains why interest in these issues has increased in recent years in both Poland and elsewhere. The second part of the paper discusses the most controversial issues linked with the definition and measurement of the share of wages and profits in GDP, while part three focuses on general historic trends linked with the distribution of profits and wages. Part four discusses the results of the latest econometric research that takes into account the role of globalization and technological progress. Part five is dedicated to research dealing with capital-labor substitution, which is important from the perspective of theoretical debates in contemporary macroeconomics. The author concludes that future research into the distribution of profits and wages should cover countries with a medium and low level of development.
Year
Volume
20
Issue
9
Pages
49-66
Physical description
Document type
ARTICLE
Contributors
  • Andrzej Wojtyna, Uniwersytet Ekonomiczny w Krakowie, Katedra Makroekonomii, ul Rakowicka 27, 33-510 Kraków, Poland.
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
09PLAAAA067725
YADDA identifier
bwmeta1.element.221635ee-6443-3da0-9520-5fe80ab7e645
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