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The Impact of Superstar Firms on the Labor Share


The Impact of Superstar Firms on the Labor Share: Evidence from ...

We provide evidence for the link between the rise of market concentration and the decrease of the labor share in its two largest sectors.

The Fall of the Labor Share and the Rise of Superstar Firms

The superstar firm framework implies that the reallocation of economic activity among firms with differing heterogeneous productivity and labor shares is key to.

Fall of the Labor Share and the Rise of Superstar Firms

The share of U.S. employment in firms with more than 5,000 employees rose from 28% in 1987 to 34% in 2016.6. Industries with larger increases in product market ...

The impact of superstar firms on the labor share - growinpro.eu

The Belgian labor share, measured as the part of GDP going to labor, is declining. This evolution fits into the global secular trend of ...

The Impact of Superstar Firms on the Labor Share: - ProQuest

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 ...

The Fall of the Labor Share and the Rise of Superstar Firms

The fall of labor's share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain. Existing ...

The impact of superstar firms on the labor share - Lirias

VIVES (KU Leuven); and Vlerick Business School. Yannick Bormans. VIVES (KU Leuven). Page 2. The impact of superstar firms on the labor share.

The Fall of the Labor Share and the Rise of Superstar Firms

We next turn to concentration in the product market, which in the superstar firm model should be connected with the decline in the labor share. We measure ...

The Labor Impact of Superstar Firms

“Because these superstar firms are more profitable,” the authors write, “they will have a smaller share of their labor in total sales or value added.

The Fall of the Labor Share and the Rise of Superstar FirmsThis is ...

Third, the increase in market toughness will increase individual firms' labor shares as markups fall, a within-firm effect. The net effect of an increase in ...

The Rise of Superstar Firms and the Fall of the Labor Share (David ...

The “labor share” of GDP has fallen since 2000. Is this another sign that the robots are going to rule our economy?

The Impact of Superstar Firms on the Labor Share - ResearchGate

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 ...

The Fall of the Labor Share and the Rise of Superstar Firms | IZA

The fall of labor's share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain.

Testing the superstar firm hypothesis - Taylor & Francis Online

Firms with superior productivity, labeled superstar firms, are argued to be the link between rising concentration and the fall of the aggregate labor share in ...

The Rise of Superstar Firms: Causes and Consequences

the Labor Share and the Rise of Superstar Firms” (2017,. 2020, QJE). • Bloom, Sadun, Schuh and Van Reenen (2021). “Management as Capital”. • My ...

Superstar Firms and the Falling Labor Share

In 1961, economist Nicholas Kaldor observed that the labor share, the percentage of a nation's GDP paid as wages, is roughly constant across countries and ...

The Decline of Labor's Share: Unveiling the Impact of Superstar Firms

Changing labor market dynamics: The rise of superstar firms, which dominate their industries, has increased market concentration and reduced ...

The rise of superstar firms in the United States: The role of global ...

Meanwhile, market shares tend to concentrate on leading firms with high productivity and markups, indicating between-firms' adjustments. The combination of ...

The rise of superstar firms | UBS Center

Those industries with larger increases in product market concentration have seen larger declines in the labor share, as sales and value added have been ...

The Impact of Superstar Firms on the Labor Share. Evidence ... - Lirias

A novel strand in the literature focusses on its firm-level drivers. Recent research in the United States claims that superstar firms, defined ...


The Changing Economy and the Business Cycle: New Theory and Evidence