abstract: 'This study examines the drivers of the steady decline in South Africa''s

  private sector labour share between 1971 and 2019. The focus on South

  Africa is instructive as its distributional contestation is bounded in a

  matrix of racial conflict. Crucial reforms on trade, finance and welfare

  were undertaken since 1994, but the study finds little evidence that the

  extension of the franchise promoted egalitarianism, since white economic

  elites invested in de facto political power. This study employs an

  Unrestricted Error Correction Model to estimate the drivers of the

  private sector labour share, and the findings suggest that

  globalisation, financialisation and public spending have decreased the

  labour share, while the effects of education have been positive but

  insufficient to halt the decline.'
affiliation: 'Gouzoulis, G (Corresponding Author), Univ Bristol, Sch Management, Howard
  House,Queens Ave, Bristol BS8 1QU, Avon, England.

  Gouzoulis, Giorgos, Univ Bristol, Sch Management, Howard House,Queens Ave, Bristol
  BS8 1QU, Avon, England.

  Constantine, Collin, Univ Cambridge, Girton Coll, Cambridge, England.

  Ajefu, Joseph, Northumbria Univ, Newcastle Business Sch, Newcastle Upon Tyne, Tyne
  \& Wear, England.'
article-number: 0143831X211063230
author: Gouzoulis, Giorgos and Constantine, Collin and Ajefu, Joseph
author-email: g.gouzoulis@bristol.ac.uk
author_list:
- family: Gouzoulis
  given: Giorgos
- family: Constantine
  given: Collin
- family: Ajefu
  given: Joseph
da: '2023-09-28'
doi: 10.1177/0143831X211063230
earlyaccessdate: DEC 2021
eissn: 1461-7099
files: []
issn: 0143-831X
journal: ECONOMIC AND INDUSTRIAL DEMOCRACY
keywords: 'Democratisation; employment relationship; financialisation;

  globalisation; inequality'
keywords-plus: 'INCOME INEQUALITY; WAGE INEQUALITY; FINANCIAL DEVELOPMENT; SHAREHOLDER

  VALUE; TIME-SERIES; PLANT-LEVEL; GLOBALIZATION; EMPLOYMENT; POLICY;

  MEXICO'
language: English
month: FEB
number: '1'
number-of-cited-references: '117'
orcid-numbers: Ajefu, Joseph/0000-0001-6333-3708
pages: 184-207
papis_id: c03626f50789914a2da7f2470c4ff56a
ref: Gouzoulis2023economicpolitical
times-cited: '3'
title: Economic and political determinants of the South African labour share, 1971-2019
type: article
unique-id: WOS:000736220400001
usage-count-last-180-days: '1'
usage-count-since-2013: '5'
volume: '44'
web-of-science-categories: Industrial Relations \& Labor
year: '2023'