WAGES AND CORPORATE DOMINANCE

As wages are the primary means of income for the majority of people in every country in the world, understanding the reasons for differences in wages is important for human welfare. One potential source of differences in wages between countries is differences in the degree of corporate dominance. This paper proposes that average country wages are negatively related to the extent of corporate dominance. The proposition is tested using cross country regression analysis. The results show that greater corporate dominance reduces average national wages when adjusting for the level of economic development and other relevant variables.


Editor(s):
Simonovic, Dragoljub
Simonovic, Zoran
Issue Date:
Mar 25 2015
Publication Type:
Journal Article
DOI and Other Identifiers:
Ekonomika (Other)
Vol 61 (Other)
Issue 1 (Other)
pp 15-22 (Other)
January-March 2015 (Other)
PURL Identifier:
http://purl.umn.edu/200268
Published in:
Ekonomika, Journal for Economic Theory and Practice and Social Issues, Volume 61, Issue 1
Page range:
15-22
Total Pages:
8
JEL Codes:
J310; L1




 Record created 2017-04-01, last modified 2017-08-28

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