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Author:Conyon, M.
Title:Labour's share, market structure and trade unionism
Journal:International Journal of Industrial Organization
1994 : MAR, VOL. 12:1, p. 117-131
Index terms:LABOUR
MARKET STRUCTURE
TRADE UNIONS
Language:eng
Abstract:The paper demonstrates how both product market structure, captured by the five firm concentration ratio, and trade unionism, measured by collective bargaining agreements, shape production worker wage share. The author reports estimates in which it emerges that there is an important role for seller concentration in influencing wage share, but the estimated trade union coverage results are less robust. The paper reports estimates of the determinants of labour's share in UK manufacturing over the period 1983-1986.
SCIMA record nr: 111744
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