Labor shares and inequality: insights from Italian economic history, 1895–19701

Gabbuti, Giacomo

doi:10.1093/ereh/heaa010

Cited by 14 publications

(11 citation statements)

References 31 publications

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“…This aspect lays the grounds for future methodological research on the matter. 21 We can also observe that the termμ π (and similarlyμ w andμ y ) can be expressed as fol-…”

Section: Measuring Income Composition Inequalitymentioning

confidence: 94%

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Income Composition Inequality

Ranaldi

2021

Review of Income and Wealth

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The purpose of this paper is twofold. First, it introduces a novel inequality concept, named income composition inequality. Second, it constructs an indicator for its measurement. This paper argues that the study of income composition inequality across the income distribution allows for (i) novel political economy analysis of the evolution of economic systems and (ii) the technical assessment of the relationship between the functional and personal distribution of income. Following an empirical application on six European countries, this paper discusses possible avenues for future research on the matter, ranging from development issues to public finance.

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“…This aspect lays the grounds for future methodological research on the matter. 21 We can also observe that the termμ π (and similarlyμ w andμ y ) can be expressed as fol-…”

Section: Measuring Income Composition Inequalitymentioning

confidence: 94%

“…These areas can thus be considered as approximate metrics of the indicator previously introduced. 21 In a similar manner, the functionμ y is a measure of income inequality: When it rises so does the surface of the Lorenz curve, by therefore reducing its distance from the egalitarian line.…”

Section: Measuring Income Composition Inequalitymentioning

confidence: 99%

Income Composition Inequality

Ranaldi

2021

Review of Income and Wealth

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“…40 β = −0.065, P < 0.1 in 2000, β = −0.117, P < 0.01 in 2004, β = −0.064, P < 0.05 in 2009 for smokers as relative to nonsmokers…”

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confidence: 93%

“…reports the OLS cross sectional regression results from year 2000 to year 2015, analyzing the effect of health-related activities and other independent income factors on earnings.In regard of our main area of investigation, several health-related activities can have effects on income. Most notably, tea drinking is suggested to have positive effects on income, varying from 5% in 2009 to 10.1% in 2000. coefficients on smoking, on the other hand, imply that smoking has negative effects on income and the results are statistically significant 40. Drinking…”

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confidence: 99%

The Effect of Health-Related Behaviors on Income in China: A Panel Data Analysis

Xie¹

2021

Preprint

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Understanding the interaction between habits and income can be an efficient way to economically improve income and this paper serves to figure out the effectiveness of health-related income factors and gender differences in these factors using regressions, interaction effects and fixed effect model estimations. I used China Health and Nutrition Survey (CHNS) for 2000, 2004, 2006, 2009, 2011 and 2015 and expected the study to be representative of the general population in China. Results show clear effect of these factors, with that smoking can negatively associate with income and tea, coffee, alcohol, and exercising be in positive association. Also, gender differences are tested and interpreted. Extensions include discuss pathway through which these factors influence income, urban residence’s interaction effect with these factors and yearly differences. Main findings are concluded for future possible uses, as policy makers for women’s economical empowerment programs may refer to the statistics and find the area that return the most such as drinking tea and quitting smoking.

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“…Factor shares can also be employed to evaluate developments economic inequality, since if one abandons the neoclassical approach, the distribution of income between profits and wages may be considered as a result of industrial relations and of political arrangements, rather than simply of technology. This type of analysis goes well beyond the scope of this article, and we thus refer to Gabbuti (2018) for a thorough treatment of this topic for the Italian case.…”

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confidence: 99%

Long‐run Factor Accumulation and Productivity Trends in Italy

Giordano

Zollino

2020

Journal of Economic Surveys

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In this article, we employ a novel historical reconstruction of labour and capital stock data since 1861 in order to reassess the proximate causes of Italy's economic development in a historical perspective. Amongst many new findings, our estimates slightly reduce the role of industry in Italy's first growth spurt at the beginning of the 20th century and amplify the severity of the Great Depression years relative to the existing literature. In general, Italy's post‐unification development was hindered by the large size of its poorly productive primary sector and by sluggish total factor productivity (TFP); expanding manufacturing and strong TFP dynamics were instead the main drivers of the country's impressive post‐World War II growth spurt. The disappointing performance of the Italian economy since 1993 is explained largely by slow labour productivity dynamics in the now dominant services sector and, more generally, by weak aggregate TFP growth and subdued capital accumulation.

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Labor shares and inequality: insights from Italian economic history, 1895–19701

Cited by 14 publications

References 31 publications

Income Composition Inequality

Income Composition Inequality

The Effect of Health-Related Behaviors on Income in China: A Panel Data Analysis

Long‐run Factor Accumulation and Productivity Trends in Italy

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