Market concentration and its impact on labour share and wage inequality: a historical perspective on Chilean manufacturing (1995–2007)

Vista sencilla de ítem
cepal.articleNo3
cepal.bibLevelSección o Parte de un Documento
cepal.callNumberLC/PUB.2025/2-P
cepal.docTypeRevistas
cepal.jelCodeD22
cepal.jelCodeD33
cepal.jelCodeJ24
cepal.jelCodeL13
cepal.jelCodeL40
cepal.jobNumber03sossdorf_REV-146E
cepal.physicalDescriptiongráficos, tablas.
cepal.regionalOfficeSantiago
cepal.sdg8
cepal.topicEngINCOME DISTRIBUTION
cepal.topicEngINEQUALITY
cepal.topicEngPRODUCTIVITY
cepal.topicSpaDISTRIBUCIÓN DEL INGRESO
cepal.topicSpaDESIGUALDAD
cepal.topicSpaPRODUCTIVIDAD
cepal.workareaEngPRODUCTION, PRODUCTIVITY AND MANAGEMENT
cepal.workareaEngSOCIAL DEVELOPMENT
cepal.workareaSpaDESARROLLO PRODUCTIVO Y EMPRESARIAL
cepal.workareaSpaDESARROLLO SOCIAL
dc.contributor.authorSossdorf, Fernando
dc.coverage.spatialEngCHILE
dc.coverage.spatialSpaCHILE
dc.coverage.temporalEnd2007
dc.coverage.temporalStart1995
dc.date.accessioned2026-01-26T20:07:26Z
dc.date.available2026-01-26T20:07:26Z
dc.date.issued2025-08
dc.description.abstractThe rise in market concentration in advanced economies has been linked to declining labour share and rising wage inequality, driven by the emergence of ‘‘superstar’’ firms operating with low labour shares. This paper examines the effects of market concentration on labour share and wage inequality across 113 sectors of Chilean manufacturing between 1995 and 2007, a period of significant economic transformation. Results show that greater market concentration is associated with declining labour share and rising wage inequality, benefiting highly skilled workers in particular. However, the leading firms in these industries diverge from the ‘‘superstar’’ model, relying on higher markups rather than productivity or innovation gains. These findings suggest that concentration polarizes labour markets, undermines productivity growth and amplifies economic inequality, with important policy implications.
dc.formatTexto
dc.format.extentPáginas 28-54
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/PUB.2025/2-P
dc.identifier.urihttps://hdl.handle.net/11362/85916
dc.language.isoeng
dc.publisherCEPAL
dc.publisher.placeSantiago
dc.relation.isPartOfSeriesCEPAL Review
dc.relation.isPartOfSeriesNo146
dc.relation.translationLanguagespa
dc.relation.translationRecordLa concentración del mercado y su impacto en la participación laboral y la desigualdad salarial: una perspectiva histórica del sector manufacturero de Chile (1995-2007)
dc.relation.translationUrihttps://hdl.handle.net/11362/83004
dc.rights.coarDisponible
dc.subject.unbisEngECONOMIC CONCENTRATION
dc.subject.unbisEngMARKETS
dc.subject.unbisEngINCOME DISTRIBUTION
dc.subject.unbisEngEQUALITY
dc.subject.unbisEngWAGES
dc.subject.unbisEngHUMAN RESOURCES
dc.subject.unbisEngMANUFACTURING ENTERPRISES
dc.subject.unbisSpaCONCENTRACION ECONOMICA
dc.subject.unbisSpaMERCADOS
dc.subject.unbisSpaDISTRIBUCION DEL INGRESO
dc.subject.unbisSpaIGUALDAD
dc.subject.unbisSpaSALARIOS
dc.subject.unbisSpaRECURSOS HUMANOS
dc.subject.unbisSpaEMPRESAS MANUFACTURERAS
dc.titleMarket concentration and its impact on labour share and wage inequality: a historical perspective on Chilean manufacturing (1995–2007)
dc.type.coarartículo
dspace.entity.typePublication
relation.isAuthorOfPublication5f2b80f9-55f1-4564-bbf3-82e163076889
relation.isAuthorOfPublication.latestForDiscovery5f2b80f9-55f1-4564-bbf3-82e163076889
Descargar
Bloque original
Mostrando 1 - 1 de 1
Miniatura
Nombre:
03sossdorf_REV-146E.pdf
Tamaño:
576.46 KB
Formato:
Adobe Portable Document Format
Descripción:
Document in English
Descargar
Colecciones
Revista CEPAL