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- W2360949246 abstract "This paper makes a comparison of the changes in the income approach of GDP and the cash flow statement,with the former declining and the latter increasing.Structural analysis on the cash flow statement indicates that the weighted average labor share of the enterprise sector is in opposite of that of household and government sectors,thus the aggregate labor share shows a mild increasing trend.The volatility decomposition of labor share indicates that in-industry effects are positively related with cross-industry effects,this results the instability of the income approach of GDP,while the negative correlation between in-and cross-industry effects causes relative stability of cash flow statement.Therefore,the government can adjust its industrial policies to coordinate industrial structure change with the changes in in-industry labor share in order to maintain the stability of labor income share." @default.
- W2360949246 created "2016-06-24" @default.
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- W2360949246 date "2010-01-01" @default.
- W2360949246 modified "2023-09-23" @default.
- W2360949246 title "Structure Factors of the Change in Labor Income Share——Comparative Analysis on Income Approach of GDP and Cash Flow Statement" @default.
- W2360949246 hasPublicationYear "2010" @default.
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