2023-09-28 14:46:10 +00:00
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abstract: 'This study examines the drivers of the steady decline in South Africa''s
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private sector labour share between 1971 and 2019. The focus on South
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Africa is instructive as its distributional contestation is bounded in a
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matrix of racial conflict. Crucial reforms on trade, finance and welfare
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were undertaken since 1994, but the study finds little evidence that the
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extension of the franchise promoted egalitarianism, since white economic
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elites invested in de facto political power. This study employs an
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Unrestricted Error Correction Model to estimate the drivers of the
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private sector labour share, and the findings suggest that
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globalisation, financialisation and public spending have decreased the
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labour share, while the effects of education have been positive but
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insufficient to halt the decline.'
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affiliation: 'Gouzoulis, G (Corresponding Author), Univ Bristol, Sch Management, Howard
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House,Queens Ave, Bristol BS8 1QU, Avon, England.
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Gouzoulis, Giorgos, Univ Bristol, Sch Management, Howard House,Queens Ave, Bristol
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BS8 1QU, Avon, England.
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Constantine, Collin, Univ Cambridge, Girton Coll, Cambridge, England.
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Ajefu, Joseph, Northumbria Univ, Newcastle Business Sch, Newcastle Upon Tyne, Tyne
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\& Wear, England.'
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article-number: 0143831X211063230
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author: Gouzoulis, Giorgos and Constantine, Collin and Ajefu, Joseph
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author-email: g.gouzoulis@bristol.ac.uk
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author_list:
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- family: Gouzoulis
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given: Giorgos
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- family: Constantine
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given: Collin
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- family: Ajefu
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given: Joseph
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da: '2023-09-28'
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doi: 10.1177/0143831X211063230
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earlyaccessdate: DEC 2021
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eissn: 1461-7099
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files: []
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issn: 0143-831X
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journal: ECONOMIC AND INDUSTRIAL DEMOCRACY
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keywords: 'Democratisation; employment relationship; financialisation;
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globalisation; inequality'
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keywords-plus: 'INCOME INEQUALITY; WAGE INEQUALITY; FINANCIAL DEVELOPMENT; SHAREHOLDER
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VALUE; TIME-SERIES; PLANT-LEVEL; GLOBALIZATION; EMPLOYMENT; POLICY;
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MEXICO'
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language: English
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month: FEB
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number: '1'
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number-of-cited-references: '117'
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orcid-numbers: Ajefu, Joseph/0000-0001-6333-3708
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pages: 184-207
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papis_id: c03626f50789914a2da7f2470c4ff56a
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ref: Gouzoulis2023economicpolitical
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times-cited: '3'
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title: Economic and political determinants of the South African labour share, 1971-2019
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000736220400001
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usage-count-last-180-days: '1'
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usage-count-since-2013: '5'
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volume: '44'
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web-of-science-categories: Industrial Relations \& Labor
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year: '2023'
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