This is the third paper in a series [5,8] analyzing the asymptotic distribution of the phase shifts in the semiclassical limit. We analyze the distribution of phase shifts, or equivalently, eigenvalues of the scattering matrix, S h (E), for semiclassical Schrödinger operators on R d which are perturbations of the free Hamiltonian by a potential V with polynomial decay. Our assumption is that V (x) ∼ |x| −α v(x) as x → ∞, for some α > d, with corresponding derivative estimates. In the semiclassical limit h → 0, we show that the atomic measure on the unit circle defined by these eigenvalues, after suitable scaling in h, tends to a measure µ on S 1 . Moreover, µ is the pushforward from R to R/2πZ = S 1 of a homogeneous distribution ν of order β depending on the dimension d and the rate of decay α of the potential function. As a corollary we obtain an asymptotic formula for the accumulation of phase shifts in a sector of S 1 .The proof relies on an extension of results in [12] on the classical Hamiltonian dynamics and semiclassical Poisson operator to the class of potentials under consideration here.The difference S h − Id is a compact operator on L 2 (S d−1 ), and thus the spectrum of S h lies on the unit circle, is discrete, and accumulates only at 1. Setting γ = (d − 1)/(α − 1), we define the (infinite) atomic measure µ h on the circle which acts on f ∈ C 0for some enumeration e 2iβ n,h of the eigenvalues of S h , repeated according to their multiplicity. The β n,h ∈ [0, π) are called the 'phase shifts' of H h .