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Share of the wage factor in national income – selected aspects

Abstract

The aim of this study is to examine changes in the share of the wage factor in national income, in selected EU countries against labour productivity and investment rates reflecting changes in capital-labour relations, indicated by researchers as determinants of change of the share of the wage factor in national income. The scope of the study includes a review of literature devoted to the issue of wage factor share in national income and the empirical part related to this issue. The study used elements of descriptive statistics and the method of induction. The results of the study show that in the years 2005–2015 a decrease in the share of the wage factor in national income was observed in Poland, Hungary and Spain. In the case of the Czech Republic, Slovakia, Germany and France, the share of the wage factor in national income has increased. What is more, the conclusions from previous research regarding the impact of financial crises on reducing the share of wages in national income have not been confirmed. In the majority of the countries surveyed, the financial crisis did not contribute to such changes. It cannot be clearly stated that there is a connection between labour productivity, investment rate and the share of the wage factor in national income.

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Details

Category:
Conference activity
Type:
materiały konferencyjne indeksowane w Web of Science
Title of issue:
PROCEEDINGS of the 5th International Scientific Conference on Modern Economics strony 242 - 249
Language:
English
Publication year:
2018
Bibliographic description:
Gawrycka M., Szymczak A..: Share of the wage factor in national income – selected aspects, W: PROCEEDINGS of the 5th International Scientific Conference on Modern Economics, 2018, ,.
Verified by:
Gdańsk University of Technology

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