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Worker Bargaining Power and Real Wages from 1870 to 1913: Phelps Brown reconsidered

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  • Enrico Sergio Levrero

Abstract

This paper discusses Phelps Brown's claims that (1) real wages in the long run cannot be explained by a theory where distribution is determined by the relative worker bargaining position, and (2) changes in real wages would be strictly linked to changes in the average product per worker.

Suggested Citation

  • Enrico Sergio Levrero, 1999. "Worker Bargaining Power and Real Wages from 1870 to 1913: Phelps Brown reconsidered," Review of Political Economy, Taylor & Francis Journals, vol. 11(2), pages 183-203.
  • Handle: RePEc:taf:revpoe:v:11:y:1999:i:2:p:183-203
    DOI: 10.1080/095382599107110
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    References listed on IDEAS

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    1. Antonella Stirati, 1994. "THE THEORY OF WAGES IN CLASSICAL ECONOmiCS," Books, Edward Elgar Publishing, number 417.
    2. Simon Kuznets & Elizabeth Jenks, 1961. "Capital in the American Economy: Its Formation and Financing," NBER Books, National Bureau of Economic Research, Inc, number kuzn61-1.
    3. O'Rourke, Kevin H & Taylor, Alan M & Williamson, Jeffrey G, 1996. "Factor Price Convergence in the Late Nineteenth Century," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 37(3), pages 499-530, August.
    4. Simon Kuznets & Elizabeth Jenks, 1961. "Appendices and Index, "Capital in the American Economy: Its Formation and Financing"," NBER Chapters, in: Capital in the American Economy: Its Formation and Financing, pages 465-664, National Bureau of Economic Research, Inc.
    5. E. H. Phelps Brown & S. J. Handfield-Jones, 1952. "THE CLIMACTERIC OF THE 1890's: A STUDY IN THE EXPANDING ECONOMY," Oxford Economic Papers, Oxford University Press, vol. 4(3), pages 266-307.
    6. Garegnani, Pierangelo, 1984. "Piero Sraffa," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 8(1), pages 1-2, March.
    7. Phil Blackburn & Rod Coombs & Kenneth Green, 1985. "Technology, Economic Growth and the Labour Process," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-07517-1, March.
    8. John W. Kendrick, 1961. "Productivity Trends in the United States," NBER Books, National Bureau of Economic Research, Inc, number kend61-1.
    9. Harry Jerome, 1934. "Mechanization in Industry," NBER Books, National Bureau of Economic Research, Inc, number jero34-1.
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