Industry Concentration and Wage Inequality: a Directed Technical Change Approach

• Tipo: Artigo em Revista Científica Internacional
• Data: 2019

Autores

Óscar Afonso (Autor) FEP; Manuela Magalhães (Autor) Outra; Tiago Sequeira (Autor) Outra

Revista

Título: Open Economies Review

Vol. 30

Páginas: 457-481

ISSN: 0923-7992

Editora: Springer Nature

Indexação

ISI Web of Knowledge - 3 Citações

ISI Web of Science

Scopus - 2 Citações

Econlit

Classificação Científica

CORDIS: Ciências Sociais > Economia

FOS: Ciências sociais > Economia e gestão

Outras Informações

ID Authenticus: P-00P-QTG

DOI: 10.1007/s11079-018-9513-0

Abstract (EN): Despite several theoretical approaches linking rising market power to more income inequality, a theoretical-based empirical quantification of this relationship has not been made. We devised a directed technical change model and characterize this relationship. To test our model, we calculate concentration indexes and relate them with skill-premium using industry data per country for 40 countries from 1995 to 2011. In general, we show a negative and robust relationship between the market power index and wage inequality. Additional evidence shows that results tend to be different for countries with different income levels and for different initial values of skill-premium and market power.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 25