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Benign effects of technological change on the labour share: evidence from European regions

Guido Pialli

Cambridge Journal of Economics2025https://doi.org/10.1093/cje/beaf021article
AJG 3ABDC A
Weight
0.44

Abstract

The labour share across European regions has shown significant variation since the late 1990s. This paper explores the role of technological change in explaining this regional variation. Specifically, this paper proposes and tests the hypothesis that the recent shift in technological change is labour-intensive, driven by a localised, bottom-up process that exploits the skills and learning processes of the workforce. The empirical analysis, using data from 171 European regions over the period 1999–2015, supports the theoretical framework, showing that technological change has a positive and economically significant impact on the labour share.

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https://doi.org/https://doi.org/10.1093/cje/beaf021

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@article{guido2025,
  title        = {{Benign effects of technological change on the labour share: evidence from European regions}},
  author       = {Guido Pialli},
  journal      = {Cambridge Journal of Economics},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1093/cje/beaf021},
}

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Benign effects of technological change on the labour share: evidence from European regions

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Evidence weight

0.44

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.32 × 0.4 = 0.13
M · momentum0.57 × 0.15 = 0.09
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.