The relationship between labor market concentration and wages in Mexico
This paper presents a panel data estimation of the relationship between labor marker concentration and wages. Labor market concentration is measured using the Herfindahl-Hirschman Index (HHI) of employment. In the formal sector, results show that an increase of one standard deviation (3,566 points)...
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| Formato: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2022 |
| País: | México |
| Recursos: | EL COLEGIO DE MÉXICO |
| Repositorio: | Estudios Económicos de El Colegio de México |
| Idioma: | español |
| OAI Identifier: | oai:oai.estudioseconomicos.colmex.mx:article/426 |
| Acesso em linha: | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/426 |
| Access Level: | acceso abierto |
| Palavra-chave: | Concentración en el mercado laboral competencia imperfecta salarios monopsonio productividad E24 E26 J31 J42 L4 |
| Resumo: | This paper presents a panel data estimation of the relationship between labor marker concentration and wages. Labor market concentration is measured using the Herfindahl-Hirschman Index (HHI) of employment. In the formal sector, results show that an increase of one standard deviation (3,566 points) of the HHI is associated with an increase in wages of between 2.1% and 2.9%. This elasticity depends on labor productivity. In the informal sector, results show that an increase of one standard deviation (3,242 points) of the HHI is associated with an increase in wages of between 4.5% and 6%. This elasticity depends on capital intensity. |
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