TY - JOUR
T1 - Trades unions, market concentration and income distribution in United States manufacturing industry
AU - Henley, Andrew
N1 - cited By 14
PY - 1987
Y1 - 1987
N2 - This paper uses three- and four-digit cross-sections of United States manufacturing industries in 1972 in order to test a Kaleckian degree of monopoly theory of income distribution. Various measures of labour share are regressed on the four-firm concentration ratio, the advertising-sales ratio, a measure of capital intensity and a unionisation variable. In contrast to earlier studies for the U.S. strong evidence is found of a negative relationship between in particular production worker wage share and concentration and advertising intensity, and evidence of a positive relationship between wage share and the level of unionisation.
AB - This paper uses three- and four-digit cross-sections of United States manufacturing industries in 1972 in order to test a Kaleckian degree of monopoly theory of income distribution. Various measures of labour share are regressed on the four-firm concentration ratio, the advertising-sales ratio, a measure of capital intensity and a unionisation variable. In contrast to earlier studies for the U.S. strong evidence is found of a negative relationship between in particular production worker wage share and concentration and advertising intensity, and evidence of a positive relationship between wage share and the level of unionisation.
UR - http://www.scopus.com/inward/record.url?scp=38249038378&partnerID=8YFLogxK
U2 - 10.1016/S0167-7187(87)80019-X
DO - 10.1016/S0167-7187(87)80019-X
M3 - Article
SN - 0167-7187
VL - 5
SP - 193
EP - 210
JO - International Journal of Industrial Organization
JF - International Journal of Industrial Organization
IS - 2
ER -