A Panel Analysis of the Impact of Green Transformation and Globalization on the Labor Share in the National Income

This study aims to examine the impact of green transition and globalization processes on changes in the labour share. The study covers 76 national economies diversified in development, global production share and energy transition stage from 2000 to 2018. Based on the Total Economy Database data, pa...

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Autores principales:	Małgorzata Gawrycka, Anna Szymczak
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	labour share globalization green growth panel data model Technology T
Acceso en línea:	https://doaj.org/article/23ec62443f6c4b39b45b1faf5a1d49ae
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id	oai:doaj.org-article:23ec62443f6c4b39b45b1faf5a1d49ae
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spelling	oai:doaj.org-article:23ec62443f6c4b39b45b1faf5a1d49ae2021-11-11T15:47:21ZA Panel Analysis of the Impact of Green Transformation and Globalization on the Labor Share in the National Income10.3390/en142169671996-1073https://doaj.org/article/23ec62443f6c4b39b45b1faf5a1d49ae2021-10-01T00:00:00Zhttps://www.mdpi.com/1996-1073/14/21/6967https://doaj.org/toc/1996-1073This study aims to examine the impact of green transition and globalization processes on changes in the labour share. The study covers 76 national economies diversified in development, global production share and energy transition stage from 2000 to 2018. Based on the Total Economy Database data, panel models of the relationship between green transition, globalization and the labour share in the national income were estimated. The conducted Breusch–Pagan and Hausman tests proved the validity of using fixed-effects models. We confirmed the research hypothesis that the openness of the economy contributes to a decline in the labour share. The openness of the economy resulting from globalization reduces the labour share in the national income. We do not confirm hypotheses that suggest energy transition contributes to a reduction in the labour share and that the labour share will decline in the post-crisis period due to the lower bargaining power of workers. Changes in the labour share should be of interest to government representatives who influence the shape and implementation of economic policy, especially in employment policy, education, and investment policy, mainly aimed at the green transformation.Małgorzata GawryckaAnna SzymczakMDPI AGarticlelabour shareglobalizationgreen growthpanel data modelTechnologyTENEnergies, Vol 14, Iss 6967, p 6967 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	labour share globalization green growth panel data model Technology T
spellingShingle	labour share globalization green growth panel data model Technology T Małgorzata Gawrycka Anna Szymczak A Panel Analysis of the Impact of Green Transformation and Globalization on the Labor Share in the National Income
description	This study aims to examine the impact of green transition and globalization processes on changes in the labour share. The study covers 76 national economies diversified in development, global production share and energy transition stage from 2000 to 2018. Based on the Total Economy Database data, panel models of the relationship between green transition, globalization and the labour share in the national income were estimated. The conducted Breusch–Pagan and Hausman tests proved the validity of using fixed-effects models. We confirmed the research hypothesis that the openness of the economy contributes to a decline in the labour share. The openness of the economy resulting from globalization reduces the labour share in the national income. We do not confirm hypotheses that suggest energy transition contributes to a reduction in the labour share and that the labour share will decline in the post-crisis period due to the lower bargaining power of workers. Changes in the labour share should be of interest to government representatives who influence the shape and implementation of economic policy, especially in employment policy, education, and investment policy, mainly aimed at the green transformation.
format	article
author	Małgorzata Gawrycka Anna Szymczak
author_facet	Małgorzata Gawrycka Anna Szymczak
author_sort	Małgorzata Gawrycka
title	A Panel Analysis of the Impact of Green Transformation and Globalization on the Labor Share in the National Income
title_short	A Panel Analysis of the Impact of Green Transformation and Globalization on the Labor Share in the National Income
title_full	A Panel Analysis of the Impact of Green Transformation and Globalization on the Labor Share in the National Income
title_fullStr	A Panel Analysis of the Impact of Green Transformation and Globalization on the Labor Share in the National Income
title_full_unstemmed	A Panel Analysis of the Impact of Green Transformation and Globalization on the Labor Share in the National Income
title_sort	panel analysis of the impact of green transformation and globalization on the labor share in the national income
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/23ec62443f6c4b39b45b1faf5a1d49ae
work_keys_str_mv	AT małgorzatagawrycka apanelanalysisoftheimpactofgreentransformationandglobalizationonthelaborshareinthenationalincome AT annaszymczak apanelanalysisoftheimpactofgreentransformationandglobalizationonthelaborshareinthenationalincome AT małgorzatagawrycka panelanalysisoftheimpactofgreentransformationandglobalizationonthelaborshareinthenationalincome AT annaszymczak panelanalysisoftheimpactofgreentransformationandglobalizationonthelaborshareinthenationalincome
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A Panel Analysis of the Impact of Green Transformation and Globalization on the Labor Share in the National Income

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