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The decline in the labor share is attracting increasing interest among economists and policy makers.
Policy makers should focus on improving access to safely managed wastewater management services.
Utilizing tax revenue spillover from green-energy projects and a community-based funding scheme could help fill green-energy financing gaps in Asia.
Growth in high-income countries differs qualitatively from that of middle-income countries, and hence requires different factor endowments, industrial structures, and policies.
Fiscal policies that promote energy efficiency can benefit not only the Indonesian government as a recipient country but also Germany, Japan, and the United States as providers of low-carbon, green technologies to Indonesia.
The Republic of Korea aims to increase the share of renewable energy to 20% of electricity generation by 2030.
Unconventional monetary easing by the Bank of Japan (BOJ) since 2013 has contributed to the yen’s depreciation, higher stock prices, and higher corporate profits.
Since the 1970s, Japan has seen a decline in labor share in low-knowledge-intensity sectors.
Since 2005, Malaysia’s labor income share has been increasing and its income inequality decreasing.
Trade openness is negatively correlated with labor income share.