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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w16220 |
来源ID | Working Paper 16220 |
Comparing Micro-evidence on Rent Sharing from Three Different Approaches | |
Sabien Dobbelaere; Jacques Mairesse | |
发表日期 | 2010-07-22 |
出版年 | 2010 |
语种 | 英语 |
摘要 | Empirical labor economists have resorted to estimating the responsiveness of workersʼ wages on firmsʼ ability to pay to assess the extent to which employers share rents with their employees. This paper compares this labor economics approach with two other approaches that rely on standard micro production data only: the productivity approach for which estimates of the output elasticities of labor and materials and data on the respective revenue shares are needed and the accounting approach which boils down to directly computing the extent of rent sharing from firm accounting information. Using matched employer-employee data on 60,294 employees working in 9,849 firms over the period 1984-2001 in France, we quantify industry differences in rent-sharing parameters derived from the three approaches. We find a median absolute extent of rent sharing of about 0.30 using either the productivity or the accounting approach. Only exploiting firm-level information brings this median rent-sharing parameter down to 0.16 using the labor economics approach. Controlling for unobserved worker ability further reduces the median absolute extent of rent sharing to 0.08. Our analysis makes clear that the three different approaches face important trade-offs. Hence, empirical economists interested in establishing that profits are shared should select the appropriate approach based on the particular research question and on the data at hand. |
主题 | Econometrics ; Estimation Methods ; Microeconomics ; Households and Firms ; Labor Economics ; Labor Compensation ; Labor Relations |
URL | https://www.nber.org/papers/w16220 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573895 |
推荐引用方式 GB/T 7714 | Sabien Dobbelaere,Jacques Mairesse. Comparing Micro-evidence on Rent Sharing from Three Different Approaches. 2010. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w16220.pdf(1152KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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