The labor share and income inequality: some empirical evidence for the period 1990-2015

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dc.contributor.authorErauskin Iurrita, Iñaki
dc.date.accessioned2025-09-09T10:53:43Z
dc.date.available2025-09-09T10:53:43Z
dc.date.issued2020-09-03
dc.date.updated2025-09-09T10:53:43Z
dc.description.abstractPurpose: The purpose of this paper is to analyze empirically the relationship between the labor share and income inequality, as measured by the Gini coefficient and by the income shares for different quintiles, during the period 1990–2015 for 62 developed and developing countries. Design/methodology/approach: This study uses panel data techniques to analyze empirically the relationship between the labor share and income inequality. Findings: This paper finds that a lower labor share is associated with a higher Gini coefficient. A lower labor share is found to be strongly associated with a smaller income share for the lowest two quintiles and larger income share for the highest quintile and weakly associated with a smaller income share for the third and fourth quintiles. Moreover, this paper finds that the lower the quintile, the stronger the impact of the labor share on the income share of the quintile. Social implications: Policymakers should take into account the evolution of the labor share. Public policies that improve labor market outcomes, such as those aimed to promote participation in the labor market and strengthen the human capital of low-income groups, seem necessary to prevent the rise in economic inequalities. Moreover, as the digital transformation of society progresses, policies to promote skill deepening may have an important role in reversing excessive inequalities. Originality/value: How changes in the labor share are associated with changes in the Gini coefficient, and how this is driven by income shares for different quintiles, for a broad range of countries during the most recent period, has not been comprehensively studied using panel data techniques.en
dc.description.sponsorshipFinancial support from Programa de Movilidad del Personal Investigador del Departamento de Educación, Política Lingüística y Cultura del Gobierno Vasco and Programa de apoyo a los grupos del sistema universitario vasco del Departamento de Educación, Política Lingüística y Cultura del Gobierno Vasco (Grupo de investigación IT885-16) is gratefully acknowledgeden
dc.identifier.citationErauskin, I. (2020). The labor share and income inequality: some empirical evidence for the period 1990-2015. Applied Economic Analysis, 28(84), 173-195. https://doi.org/10.1108/AEA-04-2020-0028
dc.identifier.doi10.1108/AEA-04-2020-0028
dc.identifier.eissn2632-7627
dc.identifier.urihttps://hdl.handle.net/20.500.14454/3564
dc.language.isoeng
dc.publisherEmerald Group Holdings Ltd.
dc.rights© Iñaki Erauskin
dc.subject.otherGini coefficient
dc.subject.otherIncome share
dc.subject.otherInequality
dc.subject.otherLabor share
dc.subject.otherQuintile
dc.titleThe labor share and income inequality: some empirical evidence for the period 1990-2015en
dc.typejournal article
dcterms.accessRightsopen access
oaire.citation.endPage195
oaire.citation.issue84
oaire.citation.startPage173
oaire.citation.titleApplied Economic Analysis
oaire.citation.volume28
oaire.licenseConditionhttps://creativecommons.org/licenses/by/4.0/
oaire.versionVoR
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