Digitalization of economy and the distribution of primary income between labor and capital

The article explores the dynamics of the share of workers' wages in the GDP of many countries with different levels of technical, economic and social development. It has been established that the thesis about the stability of this share in the long term, which is widespread in the economic literature, has ceased to correspond to reality. A steady tendency towards a decrease in the share of wages in favor of an increase in the share of profits in GDP was revealed, which has been clearly manifested in recent decades both in countries of the world vanguard and in many developing countries. The mechanism of the impact of the process of digitalization of the economy on the ongoing shifts in the structure of GDP by types of primary income is considered. It is convinced that the global tendency to reduce the share of income earned by employees for work done in favor of increasing the share of income earned by capital owners, which is developing against the backdrop of digitalization, can not only contribute to exacerbating social conflicts in individual countries, but also create serious obstacles to achieving sustainable goals the development of the international community formulated by the Paris Agreement (2015)

Keywords: digitalization of economy, distribution of income, labor income share, world economy


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