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Labor share

In economics, the wage share or labor share is the part of national income, or the income of a particular economic sector, allocated to wages (labor). It is related to the capital or profit share, the part of income going to capital, which is also known as the K–Y ratio. The labor share is a key indicator for the distribution of income.

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Definition

History

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Map overview Semantic statistics

Labor share

Nodes35
Edges34
Triples27
Avg. degree1.94
Density0.057143
Components1

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Labor share

Top relations

related to Definition · 9
Labor share → Bureau, CU, For, GDP, Labor Statistics, LS, NLS, Often, The
related to Further reading · 8
Labor share → Estimating, Feb, Giandrea, Labour Income Share Ratios, Monthly Labor Review, OECD, Shawn Sprague, StatMichael
related to history · 8
Labor share → Bowley's, Cobb, Douglas, Douglas's Theory, For, Production, Ricardo, The
is a · 2
Labor share → key indicator for the distribution of income.The wage share is countercyclical, part of national income

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Important terminology

share labor wage income capital distribution statistics economic wages output compensation sector ratio part also economics defined bureau ls rate

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Labor shareis apart of national income0.90text
Labor shareis akey indicator for the distribution of income.The wage share is countercyclical0.90text
Labor sharerelated to DefinitionThe0.60section
Labor sharerelated to DefinitionGDP0.60section
Labor sharerelated to DefinitionOften0.60section
Labor sharerelated to DefinitionFor0.60section
Labor sharerelated to DefinitionBureau0.60section
Labor sharerelated to DefinitionLabor Statistics0.60section
Labor sharerelated to DefinitionLS0.60section
Labor sharerelated to DefinitionCU0.60section
Labor sharerelated to DefinitionNLS0.60section
Labor sharerelated to Further readingLabour Income Share Ratios0.60section

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