Benavente H., José Miguel (Universidad de Chile) Contreras B., José Luis (Universidad de Chile)
Abstract
In this paper we jointly estimate markup values and rent distributions for the main productive factors in the Chilean manufacturing during the nineties. Results show that labor and inputs providers receive 21% and 16% of the extra rents obtained by the firm in imperfect final markets respectively. The rest is captured by the capital owners.// En este artículo se estima de manera conjunta el sobreprecio existente en la industria manufacturera chilena durante el decenio de los noventa y la distribución de la ganancia obtenida entre los factores productivos implicados en generar dicha renta. Mediante el uso de método generalizado de momentos (MGM) se encuentra que la mano de obra se apropia de 21% de lla ganancia, mientras que los proveedores de insumos de 16 %. Lo restante queda en manos de los dueños de la empresa.
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Find related papers by JEL classification: C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms