RT Journal Article
T1 Industry concentration and wage inequality: a directed technical change approach.
A1 Ferreira-de-Magalhaes, Rosinda Manuela
A1 Sequeira, Tiago
A1 Afonso, Óscar
K1 Concentración industrial
K1 Desigualdad social
AB 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.
PB Springer Nature
YR 2018
FD 2018-10-03
LK https://hdl.handle.net/10630/37611
UL https://hdl.handle.net/10630/37611
LA spa
NO Magalhães, M., Sequeira, T. & Afonso, Ó. Industry Concentration and Wage Inequality: a Directed Technical Change Approach. Open Econ Rev 30, 457–481 (2019).
DS RIUMA. Repositorio Institucional de la Universidad de Málaga
RD 21 ene 2026