There has been substantial recent interest in the decline of labour shares across many countries. For the most part, attention has been focused on developed countries. This article examines the evolution of India's labour share in its formal industrial sector from 1983 to 2016. Using two datasets corresponding to sectoral aggregate data and plant‐level data respectively, the authors document a secular decline in the labour share across all sectors from 1983, with a stabilization at very low levels (around 8 to 10 per cent) starting around 2007. The plant‐level data are used to identify correlates that illuminate reasons for the overall decline in the labour share. The authors find strong evidence to support multiple causes, including increased capital intensity, greater informalization, greater privatization, and productivity increases in larger firms; they therefore suggest that the declines in labour share experienced are due to a composite set of factors. Conversely, other potential explanations (such as regional variation in the labour share) have less explanatory power.

中文翻译：

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印度工业劳动份额的演变及其相关因素

最近人们对许多国家的劳动力份额下降产生了浓厚的兴趣。在大多数情况下，注意力集中在发达国家。本文考察了 1983 年至 2016 年印度正规工业部门劳动力份额的演变。 作者使用分别对应于部门汇总数据和工厂级数据的两个数据集，记录了自 1983 年以来所有部门的劳动力份额长期下降， 2007 年左右开始稳定在非常低的水平（约 8% 至 10%）。工厂级数据用于确定相关因素，阐明劳动力份额总体下降的原因。作者发现强有力的证据支持多种原因，包括资本密集度增加、非正规化程度提高、私有化程度提高、大公司的生产力提高；因此，他们认为劳动力份额的下降是由一系列综合因素造成的。相反，其他可能的解释（如劳动力份额的地区差异）的解释力较小。