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- Bowleys_law abstract "Bowley's law is an observation in econometrics that the proportion of gross national product from labor is constant. It is named for Arthur Bowley, the statistician who first observed it, based on economic data in Britain from the late 19th and early 20th centuries. Bowley first published his wage and income data in his 1900 Wages in the United Kingdom in the Nineteenth Century. In a 1920 work he was speculating on an apparent share constancy between earned income and national income, and in his Wages and Income in the United Kingdom since 1860 of 1937 Bowley was asserting that the data clearly showed the constant relationship. However, the term \"Bowley's Law\" did not appear in print before the sixth edition of Paul Samuelson's textbook Economics in 1964.Bowley's Law has long been both an empirical and theoretical point of contention between rival theories of macroeconomic (functional) distribution, Its empirical justification has come under particular review, and, contra Bowley's Law, \"increasingly more literature acknowledges the long-term decline of the wage share in most countries in the last 30 years or so.\"".
- Bowleys_law wikiPageID "28924919".
- Bowleys_law wikiPageLength "2729".
- Bowleys_law wikiPageOutDegree "7".
- Bowleys_law wikiPageRevisionID "670748909".
- Bowleys_law wikiPageWikiLink Arthur_Lyon_Bowley.
- Bowleys_law wikiPageWikiLink Category:1937_in_economics.
- Bowleys_law wikiPageWikiLink Category:Economics_laws.
- Bowleys_law wikiPageWikiLink Econometrics.
- Bowleys_law wikiPageWikiLink Economics_(textbook).
- Bowleys_law wikiPageWikiLink Gross_national_product.
- Bowleys_law wikiPageWikiLink Paul_Samuelson.
- Bowleys_law wikiPageWikiLinkText "Bowley's law".
- Bowleys_law wikiPageUsesTemplate Template:Economics-stub.
- Bowleys_law subject Category:1937_in_economics.
- Bowleys_law subject Category:Economics_laws.
- Bowleys_law hypernym Observation.
- Bowleys_law type Aircraft.
- Bowleys_law type Law.
- Bowleys_law comment "Bowley's law is an observation in econometrics that the proportion of gross national product from labor is constant. It is named for Arthur Bowley, the statistician who first observed it, based on economic data in Britain from the late 19th and early 20th centuries. Bowley first published his wage and income data in his 1900 Wages in the United Kingdom in the Nineteenth Century.".
- Bowleys_law label "Bowley's law".
- Bowleys_law sameAs Q4951127.
- Bowleys_law sameAs m.0ds2rb4.
- Bowleys_law sameAs Bowley_Yasası.
- Bowleys_law sameAs Q4951127.
- Bowleys_law wasDerivedFrom Bowleys_law?oldid=670748909.
- Bowleys_law isPrimaryTopicOf Bowleys_law.