000			01054pab a2200169 454500
008			180718b2003 xxu||||| |||| 00| 0 eng d
100			_aWolff, Edward N.
245			_aWhat's behind the rise in profitability in the US in the 1980s and 1990s?
260			_c2003
300			_ap.479-99.
362			_aJul
520			_aProfitability in the US has been rising since the early 1980s and by 1997 was at its highest level since its post-World War II peak in the mid-1960s, and the profit share, by one definition, at its highest point. In this paper, I examine the role of the change in the profit share and capital intensity, as well as structural change, on movements in the rate of profit between 1947 and 1997. Its recent recovery is traced to a rise in the profit share in national income, a slowdown in capital-labour growth at the industry level, and employment shifts to relatively labour-intensive industries. Reproduced.
650			_aProfits - United States
650			_aProfits
773			_aCambridge Journal of Economics
909			_a57448
999			_c57448 _d57448