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Le partage de la valeur ajoutée en France

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  • Xavier Timbeau

Abstract

The mark-up has moved a lot in France over the past years. While fairly stable before the first oil shock, wages share in value added has strongly grown till the beginning of the eighties. It has since then declined because of economic policies oriented towards an increase of the profits share. During the nineties, it was quite stable around a historical low level. The 6,6 percentage points diminution of the wages share from 1981 to 2000 was in part offset by a rise in taxation (in a broad sense) and led to a 3,9 points rise in net revenue for firms. The extra revenue plus an investment decrease were used to strongly reduce corporate net indebtedness. Some mark-up processes are analysed in order to illustrate macroeconomic mechanisms.

Suggested Citation

  • Xavier Timbeau, 2002. "Le partage de la valeur ajoutée en France," Revue de l'OFCE, Presses de Sciences-Po, vol. 80(1), pages 63-85.
    • Handle: RePEc:cai:reofsp:reof_080_0063
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    References listed on IDEAS

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    1. Bentolila Samuel & Saint-Paul Gilles, 2003. "Explaining Movements in the Labor Share," The B.E. Journal of Macroeconomics, De Gruyter, vol. 3(1), pages 1-33, October.
    2. Mihoubi, F., 1999. "Le partage de la valeur ajoutee en France et en Allemagne," Working papers 64, Banque de France.
    3. Jean-Philippe Cotis & Elisabeth Rignols, 1998. "Le partage de la valeur ajoutée : quelques enseignements tirés du « paradoxe franco-américain »," Revue de l'OFCE, Programme National Persée, vol. 65(1), pages 291-344.
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    Cited by:

    1. Labadi, Moufida & Nekhili, Mehdi, 2012. "Structure de propriété et partage de la valeur ajoutée : application aux entreprises françaises non financières du SBF120," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 12.
    2. repec:hal:wpaper:hal-00963639 is not listed on IDEAS
    3. Philippe Askenazy & Xavier Timbeau, 2003. "Partage de la valeur ajoutée et rentabilité du capital en France et aux États-Unis : une réévaluation ; suivi d'un commentaire de Xavier Timbeau," Économie et Statistique, Programme National Persée, vol. 363(1), pages 167-189.
    4. Dominique Pépin, 2010. "L'évaluation du prix des actions par les fondamentaux : analyse du marché français," Economie & Prévision, La Documentation Française, vol. 0(4), pages 83-98.
    5. Didier Le Maitre, 2013. "Une Negation De L'Influence Des Theories Manageriales Sur Le Comportement A Partir D'Hirschman Et De Von Mises," Post-Print hal-00991951, HAL.
    6. Pierre-Alain Pionnier, 2009. "Le partage de la valeur ajoutée en France, 1949-2008 : aspects méthodologiques," Économie et Statistique, Programme National Persée, vol. 422(1), pages 3-30.
    7. Noélie Delahaie & Marc-Arthur Diaye, 2007. "L’épargne salariale : entre transfert des risques et stabilisation du capital. Examen à partir du cas d’un groupe français de matériaux de construction," Documents de recherche 07-04, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.

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