{"title":"The decline of the wage share in value-added: What have we learned from North African firms?","authors":"Youssef Bouazizi , Ouail Oulmakki , Luc Savard , Jérôme Verny","doi":"10.1016/j.strueco.2024.11.007","DOIUrl":null,"url":null,"abstract":"<div><div>This study, based on a World Bank survey of 5,351 observations in Morocco, Egypt, and Tunisia, offers a detailed analysis of the factors leading to the reduction in the wage share of value added in North African companies. The findings suggest that increased capital and technological advancements, especially in patent adoption, are principal contributors to this decrease. Moreover, the intensification of both local and foreign competition, along with trade liberalization facilitated by offshoring, negatively affects the wage share. However, the influence of privatization and foreign direct investment on this trend is minimal. The research also emphasizes the need to include sectoral variability of large firms in the analysis to fully understand the underlying dynamics.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"72 ","pages":"Pages 150-162"},"PeriodicalIF":5.0000,"publicationDate":"2024-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Structural Change and Economic Dynamics","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0954349X24001632","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
This study, based on a World Bank survey of 5,351 observations in Morocco, Egypt, and Tunisia, offers a detailed analysis of the factors leading to the reduction in the wage share of value added in North African companies. The findings suggest that increased capital and technological advancements, especially in patent adoption, are principal contributors to this decrease. Moreover, the intensification of both local and foreign competition, along with trade liberalization facilitated by offshoring, negatively affects the wage share. However, the influence of privatization and foreign direct investment on this trend is minimal. The research also emphasizes the need to include sectoral variability of large firms in the analysis to fully understand the underlying dynamics.
期刊介绍：
Structural Change and Economic Dynamics publishes articles about theoretical, applied and methodological aspects of structural change in economic systems. The journal publishes work analysing dynamics and structural breaks in economic, technological, behavioural and institutional patterns.
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