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  • 标题:The evolution of inequality in productivity and wages: Panel data evidence.
  • 本地全文:下载
  • 作者:Giulia Faggio ; Kjell G. Salvanes ; John Van Reenen
  • 期刊名称:Discussion Papers / Norwegian School of Economics and Business Administration
  • 印刷版ISSN:0804-6824
  • 出版年度:2007
  • 卷号:2007
  • 出版社:Bergen
  • 摘要:There has been a remarkable increase in wage inequality in the US, UK and many other countries over the past three decades. A significant part of this appears to be within observable groups (such as age-gender-skill cells). A generally untested implication of many theories rationalizing the growth of within-group inequality is that firm-level productivity dispersion should also have increased. Since the relevant data do not exist in the US we utilize a UK longitudinal panel dataset covering the manufacturing and non-manufacturing sectors since the early 1980s. We find evidence that productivity inequality has increased. Existing studies have underestimated this phenomenon because they use manufacturing data where which has shrunk rapidly. Most of the increase in individual wage inequality has occurred because of an increase in inequality between firms (and within industries). Increased productivity dispersion appears to be linked with new technologies as suggested by models such as Caselli (1999) and is not primarily due to an increase in transitory shocks, greater sorting or entry/exit dynamics.
  • 关键词:wage inequality, productivity dispersion, technology.
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