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:
Journal Article
Journal or Publication Title:
Economics Letters
Uncontrolled Keywords:
/dk/atira/pure/researchoutput/libraryofcongress/hf5601
Subjects:
ID Code:
54034
Deposited By:
Deposited On:
26 Jun 2012 14:59
Refereed?:
Yes
Published?:
Published
Last Modified:
01 Jan 2020 07:52