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Corporate Social Responsibility and Wage Inequality

Author

Listed:
  • Pi Jiancai

    (Department of Economics, Nanjing University, 22 Hankou Road, Nanjing, 210093, PR China)

  • Zhao Runzhi

    (Department of Economics, North Carolina State University, Raleigh, NC, USA)

Abstract

This paper analyzes how corporate social responsibility (CSR) generates an impact on wage inequality. We find that wage inequality decreases (resp. increases) with the degree of CSR when the substitution elasticity between unskilled labor and capital in the production of the urban sector is sufficiently small (resp. large).

Suggested Citation

  • Pi Jiancai & Zhao Runzhi, 2020. "Corporate Social Responsibility and Wage Inequality," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 20(3), pages 1-16, July.
    • Handle: RePEc:bpj:bejeap:v:20:y:2020:i:3:p:16:n:3
    DOI: 10.1515/bejeap-2019-0235
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    References listed on IDEAS

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    Cited by:

    1. Leonard F. S. Wang & Ji Sun, 2023. "Corporate profit tax, firm entry with unemployment, and income inequality," Bulletin of Economic Research, Wiley Blackwell, vol. 75(2), pages 380-392, April.
    2. Chi‐Chur Chao & Leonard F. S. Wang, 2022. "Corporate governance, firm dynamics, and wage inequality," Manchester School, University of Manchester, vol. 90(3), pages 341-353, June.

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    More about this item

    Keywords

    corporate social responsibility; wage inequality; general equilibrium approach;
    All these keywords.

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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