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dc.contributor.authorAbraham, Filip
dc.contributor.authorBormans, Yannick
dc.date.accessioned2020-06-12T09:42:29Z
dc.date.available2020-06-12T09:42:29Z
dc.date.issued2020en_US
dc.identifier.issn0013-063X
dc.identifier.doi10.1007/s10645-020-09365-y
dc.identifier.urihttp://hdl.handle.net/20.500.12127/6515
dc.description.abstractThe Belgian labor share, measured as the part of GDP going to labor, is declining. This fits into the global secular trend of decreasing labor shares. A novel strand in the literature focusses on its granular drivers. Recent research in the United States suggests that superstar firms, defined as large firms with a dominant market share, are increasing their market share and relate this to the fall of the labor share (Autor et al. in Q J Econ 135(2):645-709, 2020). Using a long time series of Belgian firm-level data from 1985 to 2014, we provide evidence for the link between the rise of market concentration and the decrease of the labor share in its two largest sectors: Manufacturing and Wholesale & Retail. These two sectors represent approximately half of the Belgian economy. We do not find evidence in other Belgian sectors.en_US
dc.language.isoenen_US
dc.publisherSpringeren_US
dc.subjectLabor Shareen_US
dc.subjectSuperstar Firmsen_US
dc.subjectMarket Concentrationen_US
dc.subjectFirm-level Dataen_US
dc.subjectPakes Productivity Decompositionen_US
dc.titleThe impact of superstar firms on the labor share: Evidence from Belgiumen_US
dc.identifier.journalDe Economist - Netherlands Economic Reviewen_US
dc.contributor.departmentKatholieke University Leuven, Fac Econ & Business VIVES, Leuven, Belgiumen_US
dc.identifier.eissn1572-9982
vlerick.knowledgedomainEntrepreneurshipen_US
vlerick.typearticleJournal article with impact factoren_US
vlerick.vlerickdepartmentEGSen_US
dc.identifier.vperid51499en_US


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