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Regulation, Market Power, and Labor Earnings: Evidence from the Cable Television Industry

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  • STEPHANIE CROFTON
  • DAVID LABAND
  • JAMES LONG

Abstract

Labor economists have suggested that employee earnings may be relatively higher in firms possessing market power, such as that which may stem from government regulation of prices or entry of firms. We test this hypothesis, which previously has been investigated in the context of industries such as trucking and air transportation, using earnings data for the cable television industry. Our empirical findings suggest that cable TV employees capture some of the benefits producers receive from regulations restricting competition.

Suggested Citation

  • Stephanie Crofton & David Laband & James Long, 2000. "Regulation, Market Power, and Labor Earnings: Evidence from the Cable Television Industry," Journal of Labor Research, Transaction Publishers, vol. 21(4), pages 669-675, October.
    • Handle: RePEc:tra:jlabre:v:21:y:2000:i:4:p:669-675
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    Cited by:

    1. Natália Monteiro, 2009. "Regulatory reform and labour earnings in Portuguese banking," Empirical Economics, Springer, vol. 36(3), pages 557-574, June.
    2. Natália Pimenta Monteiro, 2004. "Regulatory reform and the Portuguese banking labour market: two decades later," NIPE Working Papers 10/2004, NIPE - Universidade do Minho.

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