Manufacturing real wages in Mexico

Autor: Antonia López V, Julio López Gallardo
Jazyk: English<br />Portuguese
Rok vydání: 2006
Předmět:
Zdroj: Brazilian Journal of Political Economy, Vol 26, Iss 3, Pp 459-474 (2006)
Druh dokumentu: article
ISSN: 0101-3157
1809-4538
DOI: 10.1590/S0101-31572006000300008
Popis: In this paper we analyse the recent evolution and determinants of real wages in Mexico’s manufacturing sector, using theories based on the assumption of imperfect competition both in the product and in the labour markets, especially wage-bargain theory, insider-outsider and mark-up models. We show evidence that the Mexican labour market does not behave as a traditional competitive market. The proposed explanation for this fact is that some workers benefit from advantages when compared with others, so that they can get a greater share of the proceedings of the productive process. Also, we find that changes in the degree of competition in the market for output influence the behaviour of real wages.
Databáze: Directory of Open Access Journals