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The impact of unionization on labor’s share of income

The impact of unionization on labor’s share of income This study examines the effect of unions on labor’s share of income. Because economic conditions within each industry are important in addressing this issue, this analysis incorporates a more disaggregated approach than has been previously used. Cross-sectional data for the 1950s — a period of more stable unionization — permit an examination of the long-run effect of wage increases on labor’s share. The empirical analysis suggests that higher labor prices have no long-run impact on labor’s share in manufacturing. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Labor Research Springer Journals

The impact of unionization on labor’s share of income

Journal of Labor Research , Volume 11 (3) – Aug 9, 2007

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References (16)

Publisher
Springer Journals
Copyright
Copyright
Subject
Social Sciences; Social Sciences, general
ISSN
0195-3613
eISSN
1936-4768
DOI
10.1007/BF02685404
Publisher site
See Article on Publisher Site

Abstract

This study examines the effect of unions on labor’s share of income. Because economic conditions within each industry are important in addressing this issue, this analysis incorporates a more disaggregated approach than has been previously used. Cross-sectional data for the 1950s — a period of more stable unionization — permit an examination of the long-run effect of wage increases on labor’s share. The empirical analysis suggests that higher labor prices have no long-run impact on labor’s share in manufacturing.

Journal

Journal of Labor ResearchSpringer Journals

Published: Aug 9, 2007

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