Digital Technology,Factor Income Distribution,and Relative Labor Income Share
This article uses China's input-output data to study the impact of digital technology on the relative share of labor income,and analyzes the impact of digital technology on the distribution pattern of labor and capital factor income.The research has found that the improvement of digital technology significantly reduces the relative share of labor income,with digital technology having a greater impact on the relative share of labor income in the service industry compared to the manufacturing industry.At the same time,digital technology has significantly reduced the relative labor income share of labor-intensive and capital-intensive industries,but has a greater impact on labor-intensive industries.In terms of im-pact mechanism,the distribution of labor income share and capital income share driven by digital technology is not bal-anced.Digital technology reduces labor income share,but increases capital income share,leading to a decrease in rela-tive labor income share.At the same time,digital technology mainly reduces the relative share of labor income through the improvement of total factor productivity within the industry and technology spillovers between industries,which is more evident in capital intensive industries.
digital technologyrelative share of labor incometotal factor productivitytechnology spillover
NETL
NSTL
万方数据
