Conyon, Martin (1992) Income Distribution, Efficient Bargaining and Market Structure. Economics Letters, 40 (2). pp. 181-185. ISSN 0165-1765Full text not available from this repository.
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.
|Journal or Publication Title:||Economics Letters|
|Subjects:||H Social Sciences > HF Commerce > HF5601 Accounting|
|Departments:||Lancaster University Management School > Accounting & Finance|
|Deposited On:||26 Jun 2012 15:59|
|Last Modified:||26 Jul 2012 20:21|
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