The effect of regulatory legislation on workers' earnings

Robst, John; Turcotte, Leo

doi:10.1016/s0165-1765(98)00048-2

Cited by 4 publications

(2 citation statements)

References 14 publications

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“…Such a finding was not observed for the rail sector (Hendricks 1994). Recent theoretical models (Amable and Gatti 2004; Blanchard and Giavazzi 2003) and empirical analyses (Klein, et al 2003; Feldmann 2008) have come to the same conclusion, though other evidence (Robst and Turcotte 1998) finds no impact of regulation on average wage levels.…”

Section: Introductionmentioning

confidence: 82%

Cross Subsidization and Telecommunications Sector Wages

Majumdar

2011

Annals of Public and Cooperative Economics

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ABSTRACT**: This study has examined wage determination in the presence of cross‐subsidization of firms in the telecommunications industry. How variations in cross subsidies received, via the separations mechanism used in the industry, influence some firms to pay a greater level of wages is assessed. The firms studied have been almost the entire population of local exchange carriers in the US telecommunications industry between 1995 and 2000. The analysis has established that firms which are able to obtain greater cross‐subsidies, on average, in fact pay higher wages and the elasticity of the relationship is quite high. The study is the first of its kind assessing the relationship between an important regulatory variable that measures a ubiquitous process, such as cross subsidization, and the impact on employee wages.

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Section: Introductionmentioning

confidence: 82%

Cross Subsidization and Telecommunications Sector Wages

Majumdar

2011

Annals of Public and Cooperative Economics

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“…6 The TA 1996 has been a landmark legislative 1 These industries have been banking (Black and Strahan, 2001), electric utilities (Hendricks, 1975), telecommunications (Ehrenberg, 1979) and trucking (Hirsch, 1988;Rose, 1987), where wages, on average, were higher when firms were regulated and faced less competition, though such a finding was not observed for the rail sector (Hendricks, 1994;Macdonald and Cavalluzo, 1996). Recent theoretical models (Amable and Gatti, 2004;Blanchard and Giavazzi, 2003) and empirical analyses (Klein et al, 2003;Feldmann, 2008) come to the same conclusion, though other evidence (Robst and Turcotte, 1998) finds no impact of regulation on average wage levels.…”

Section: Market Opening Legislationmentioning

confidence: 98%