Intermediate Input Prices and the Labor Share
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下载链接：
https://www.nber.org/papers/w35114
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资源简介：
We argue that the relative price of materials is an important determinant of the labor share of income. When materials and primary inputs are complements and the profit share is positive, a higher price of materials lowers the labor share and raises the profit share of value added, without requiring
提供机构：
美国国家经济研究局
创建时间：
2026-04-01
