Product Market and the Size-Wage Differential

Product Market and the Size-Wage Differential
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产品市场和规模工资差异

DOI:
10.1111/1468-2354.t01-1-00002
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发表时间:
2002
期刊:
Organizations & Markets eJournal
影响因子:
--
通讯作者:
Shouyong Shi
Shouyong Shi
中科院分区:
--
文献类型:
--
作者:
Shouyong Shi

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使用定向搜索模型的产品市场和劳动力市场,我表明,大型工厂可以支付更高的工资同质工人和赚取更高的预期利润,每个工人比小型工厂,虽然工厂是相同的,除了大小。大型工厂对其产品收取更高的价格,并以更高的服务概率补偿买方。为了获得这种与规模相关的好处,大型工厂试图通过高薪招聘来扩大规模.这种规模工资差异在劳动力市场竞争中幸存下来,因为高工资比低工资更难获得。此外,当需求最初较低时,规模工资差异随着产品需求而增加,当需求已经很高时,规模工资差异就会福尔斯。2002年宾夕法尼亚大学经济学系和大坂大学社会经济研究协会版权所有
Using directed search to model the product market and the labor market, I show that large plants can pay higher wages to homogeneous workers and earn higher expected profit per worker than small plants, although plants are identical except size. A large plant charges a higher price for its product and compensates buyers with a higher service probability. To capture this size- related benefit, large plants try to become larger by recruiting at high wages. This size-wage differential survives labor market competition because a high wage is harder to get than a low wage. Moreover, the size-wage differential increases with the product demand when demand is initially low and falls when demand is already high. Copyright 2002 by the Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Resarch Association