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Cited by 826

The DOI matches its Crossref record; 6 of the 6 references it cites were found in a registry or an index.

Declining Labor and Capital Shares

Open access
BARKAI, SIMCHA·2020·The Journal of Finance
DOI 10.1111/jofi.12909
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Abstract

This paper presents direct measures of capital costs, equal to the product of the required rate of return on capital and the value of the capital stock. The capital share, equal to the ratio of capital costs and gross value added, does not offset the decline in the labor share. Instead, a large increase in the share of pure profits offsets declines in the shares of both labor and capital. Industry data show that increases in concentration are associated with declines in the labor share.

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Registry

Crossref · 10.1111/jofi.12909

Cites

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Citations

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Metadata

Authors
BARKAI, S.
Venue
The Journal of Finance
Publisher
Wiley
Published
2020-05-26
Volume
75
Issue
5
Pages
2421-2463
ISSN
  • 0022-1082 (ISSN-L)
  • 1540-6261
DOI
10.1111/jofi.12909
OpenAlex
W3005839772
Cited by
826
References
6
FWCI
159.94
Type
journal article
Language
en
Open access
hybrid

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CoChat. (2026). Citation check: Declining Labor and Capital Shares. https://app.cochat.ai/papers/10.1111/jofi.12909
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BARKAI, S. (2020). Declining Labor and Capital Shares. The Journal of Finance. https://doi.org/10.1111/jofi.12909

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.