Structural Change, Market Concentration, and Inequality

A Multi-sector Analysis

Inbunden, Engelska, 2024

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This book clarifies the mechanism of widening income inequality and declining labor share in macroeconomics, growth, technology, and the labor market, and provides policy implications.

Produktinformation

Utgivningsdatum2024-07-06
Mått155 x 235 x 16 mm
Vikt481 g
FormatInbunden
SpråkEngelska
Antal sidor170
FörlagSpringer Verlag, Singapore
ISBN9789819709298

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Dr. Yasuyuki Osumi is a Professor of Economics at University of Hyogo in Japan, earned his Ph.D. from Kobe University. Throughout his career, he served as a Visiting Scholar at esteemed institutions including the University of British Columbia in Canada, the Catholic University of Louvain in Belgium, and the University of York in the U.K. His primary research interests lie in macroeconomics, economic growth, technological progress, and income distribution. Dr. Osumi has significantly contributed to the field, co-editing and co-authoring research books such as Studies in Medium-Run Macroeconomics: Growth, Fluctuations, Unemployment, Inequality and Policy, published by World Scientific, and Technological Progress, Income Distribution, and Unemployment: Theory and Empirics, published by Springer.

Chapter 1: Introduction.- Part 1 Structural Change and Inequalities.- Chapter 2: “Structural Change, Service Sector Features, and Aggregate Elasticity of Substitution” Yasuyuki Osumi.- Chapter 3: “Structural Change and Evolution of Top Wealth: American Forbes 400 lists, 1990 – 2020” Atsushi Miyake and Yasuyuki Osumi.- Chapter 4: “Towards a Theory of the Labor’s Share Fall: A Dynamic Model of the “Superstar” Harutaka Takahashi.- Part 2 Artificial Intelligence and Labor Share.- Chapter 5: “Robotics, Skill-Biased Technology, and Labor Shares: A Four-Factor Case” Yasuyuki Osumi.- Chapter 6: “Automation, Tasks, and Labor Share” Kazunobu Muro.- Chapter 7: “Impact of ICT Capital on Labor Share: Evidence from Japanese Service Sectors” Kazuyuki Inagaki.- Part 3 Market Concentration and Inequality.- Chapter 8: “Automation, Goods and Labor Market Imperfections, and Labor Share” Kazunobu Muro.- Chapter 9: “Increasing Returns to Scale and Declining Labor Share in the Information Economy” AtsushiMiyake.- Chapter 10: “Firm Size, Rate of Return on Capital, and Increasing Returns to Scale: The Japanese Financial and Information Communication Service Sectors” Atsushi Miyake and Yasuyuki Osumi.