I have data on "share in labor employed in manual occupations" for two years (i.e. 1980 and 2005) and looking to create the following dependent variable:
change in the share of labor employed in manual occupation over the period 1980-2005
Which is the appropriate method based on the definition in bold above?
Share in 2005 - Share in 1980
(Share in 2005 - Share in 1980)/(Share in 1980)
My best guess: given that I am dealing with "shares", method 1 would be appropriate.