Factor Incomes in Global Value Chains: The Role of Intangibles
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https://www.nber.org/papers/w25242
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Recent studies document a decline in the share of labour and a simultaneous increase in the share of residual (factorless) income in national GDP. We argue the need for study of factor incomes in cross-border production to complement country studies. We define a GVC production function that tracks
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美国国家经济研究局创建时间：
2018-11-01
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