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Income Distribution, Efficient Bargaining and Market Structure

Conyon, Martin (1992) Income Distribution, Efficient Bargaining and Market Structure. Economics Letters, 40 (2). pp. 181-185. ISSN 0165-1765

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Abstract

We present an efficient bargaining model in which wage share is negatively associated with product market structure and varies positively with union bargaining strength. The model is tested using data from a panel of U.K. manufacturing industries. Instrumental variables estimates corroborate a positive (negative) union bargaining strength (concentration) effect on labour's income share.

Item Type: Article
Journal or Publication Title: Economics Letters
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Departments: Lancaster University Management School > Accounting & Finance
ID Code: 54034
Deposited By: ep_importer_pure
Deposited On: 26 Jun 2012 15:59
Refereed?: Yes
Published?: Published
Last Modified: 09 Apr 2014 23:25
Identification Number:
URI: http://eprints.lancs.ac.uk/id/eprint/54034

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