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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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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: ?? hf5601 ??
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: 23 Mar 2017 18:22
Identification Number:

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