Falling wage share in GDP in modern Poland and economic situation of labour force Cover Image

Spadający udział płac w PKB w trzeciej RP a ekonomiczna sytuacja siły roboczej
Falling wage share in GDP in modern Poland and economic situation of labour force

Author(s): Mateusz Machaj
Subject(s): National Economy, Human Resources in Economy
Published by: Wydawnictwo Uniwersytetu w Białymstoku
Keywords: udział płac w PKB; przemysł; kapitał; III Rzeczpospolita Polska; wage share in GDP; industry; capital; Poland

Summary/Abstract: During the Polish transformation, the wage share was systematically falling. In simplified terms, a falling wage share illustrates a worsening situation of the labour force with regard to living conditions and income inequality. The aim of the paper is to demonstrate that this is not necessarily the case, since a wage share results from various factors. What is more, in this respect Poland does not differ from other countries, both developed and transforming, where the wage share is also decreasing. On the other hand, Polish wages are dynamically increasing, in the recent years even faster than productivity, while the income inequality index is stable, or even declining. It can be, therefore, concluded that the falling wage share goes together with better conditions for the labour force.

  • Issue Year: 86/2017
  • Issue No: 2
  • Page Range: 28-38
  • Page Count: 11
  • Language: Polish