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Titre Inégalités, biais de progrès technique et imperfections de marché en France de 1974 à 1993
Auteur Anne Saint-Martin, Jean-Pierre Laffargue
Mir@bel Revue Economie et prévision
Numéro no 138-139, 1999/2-3 Economie des inégalités
Rubrique / Thématique
Économie des inégalités
Page 89-109
Résumé anglais Biases, Market Imperfections and Inequalities France by Jean-Pierre Laffargue and Anne Saint Martin Over the last twenty years, the main French production factor trends (labour and capital) have been hard to reconcile with their respective cost trends. This paper uses a medium-run dynamic structural equilibrium model to try to explain some of these contradictions in terms of changes that have occurred in the different economic players' macroeconomic and institutional environments. We come up with a number of findings. Unskilled labour is highly substitutable for skilled labour and capital. Skilled labour is not very substitutable for capital. The efficiency of skilled labour increases faster than the productivity trend, but the productivity of unskilled labour stagnates. The mark-up rate of firms falls sharply after 1982. Trade union bargaining power grows from 1974 to 1983, and recedes thereafter. We also compute the dynamic multipliers of the main economic policy decisions, and the effects on employment of changes to these policies since 1974. These changes seem to have played a limited role in the growth in unemployment, which appears to be due essentially to structural shocks on labour supply and demand.
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Article en ligne http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_1999_num_138_2_5961