La concentración del mercado y su impacto en la participación laboral y la desigualdad salarial: una perspectiva histórica del sector manufacturero de Chile (1995-2007).

Saved in:
Bibliographic Details
Title: La concentración del mercado y su impacto en la participación laboral y la desigualdad salarial: una perspectiva histórica del sector manufacturero de Chile (1995-2007). (Spanish).
Authors: Sossdorf, Fernando
Source: Revista de la CEPAL. ago2025, Issue 146, p27-56. 30p.
Subjects: INDUSTRIAL concentration, INCOME inequality, MANUFACTURING industries, EMERGING markets, STANDARD of living, CHILEANS, LABOR supply
Geographic Terms: CHILE
Abstract (English): The article examines market concentration in the manufacturing sector of Chile between 1995 and 2007 and its relationship with labor participation and wage inequality. It concludes that an increase in market concentration is associated with a decrease in labor participation and an increase in wage inequality, disproportionately benefiting highly skilled workers. Unlike "superstar" firms in advanced economies, dominant firms in Chile do not show an increase in productivity or innovation; rather, they benefit from higher profit margins, suggesting that market concentration may limit economic well-being and exacerbate inequalities. This analysis provides relevant lessons for other emerging economies facing similar challenges. [Extracted from the article]
Abstract (Spanish): El aumento de la concentración del mercado en las economías avanzadas se ha vinculado a la disminución de la participación laboral y al incremento de la desigualdad salarial, impulsado por el surgimiento de empresas “superestrella” con bajas participaciones laborales. Este artículo analiza los efectos de la concentración sobre la participación laboral y la desigualdad salarial en 113 sectores de la manufactura chilena entre 1995 y 2007, período de fuerte transformación económica. Los resultados muestran que una mayor concentración se asocia a una menor participación laboral y una mayor desigualdad, con mayores beneficios capturados por trabajadores altamente calificados. Asimismo, los sectores más concentrados revelan que las empresas líderes no responden al modelo de “superestrella” basado en productividad o innovación, sino en altos márgenes de beneficio. Estos hallazgos indican que la concentración polariza los mercados laborales, limita las ganancias de productividad y profundiza la desigualdad económica, con importantes consecuencias para las políticas públicas. [ABSTRACT FROM AUTHOR]
Database: Referencia Latina
Description
Abstract:The article examines market concentration in the manufacturing sector of Chile between 1995 and 2007 and its relationship with labor participation and wage inequality. It concludes that an increase in market concentration is associated with a decrease in labor participation and an increase in wage inequality, disproportionately benefiting highly skilled workers. Unlike "superstar" firms in advanced economies, dominant firms in Chile do not show an increase in productivity or innovation; rather, they benefit from higher profit margins, suggesting that market concentration may limit economic well-being and exacerbate inequalities. This analysis provides relevant lessons for other emerging economies facing similar challenges. [Extracted from the article]
ISSN:02520257