Long-Run Changes in the Labour Share of National Income in Canada, 1926-1966

This monograph examines the long run behaviour of the labour share of national income in Canada. The unincorporated business income is divided into labour income and non-labour income, in order to examine the impact of such a division on the stability of the labour share. Since there have been significant inter-industry shifts in Canada over the past four decades, the monograph also analyzes the influence of these shifts on the secular movement of the share of labour in national income.