In this article, the writer talks about the «capital share, as a percent of GDP — here just 1 – labor share percentage»
What's this 1-labour share percentage?
Economics Stack Exchange is a question and answer site for those who study, teach, research and apply economics and econometrics. It only takes a minute to sign up.
Sign up to join this communityIn this article, the writer talks about the «capital share, as a percent of GDP — here just 1 – labor share percentage»
What's this 1-labour share percentage?
I'm pretty sure he means "1 minus the labour share percentage", i.e. he's estimating the capital share of GDP as the proportion of GDP not going to labour. It's not typeset well, but he has used an em-dash (longer) after "GDP" and a minus sign (shorter) after "1".