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An Interindustry Analysis of Wages and Plant Size

Stanley H. Masters

The Review of Economics and Statistics 1969

ECONOMISTS have shown considerable interest in the relationship between productmarket competition and wage rates. Most of the analysis has centered on manufacturing, where the less competitive industries often have larger firms and larger plants. This paper presents evidence that differences in plant size are at least as important as differences in market structure when we try to account for wage differentials among manufacturing industries.

DOI
10.2307/1926568
Volume
51 (3)
Pages
341
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