Labor Rent Sharing and Regulation: Evidence from the Trucking Industry
分析卡车运输业放松管制对工资的影响，发现工会工资因管制租金减少而大幅下降，工会溢价从50%降至不足30%，工会工人攫取了行业总租金的三分之二以上。
Labor is likely to be an important claimant to firms' rents, particularly in a regulated environment. This study analyzes wage responses to trucking deregulation to test labor rent-sharing hypotheses. The results indicate substantial declines in union wages as a consequence of reduced regulatory rents. Union premia over nonunion wages fell from 50 percent to less than 30 percent, implying aggregate annual losses of $950 million to $1.6 billion. Rent spillovers to nonunion drivers and truck drivers outside the regulated trucking industry appear insignificant. The results suggest that union workers captured more than two-thirds of total industry rents and provide strong support for union rent-sharing hypotheses. Copyright 1987 by University of Chicago Press.