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| DOI | 10.1016/j.econmod.2024.106729 |
| High temperature, bargaining power and within-firm wage inequality: Evidence from China | |
| 发表日期 | 2024 |
| ISSN | 0264-9993 |
| EISSN | 1873-6122 |
| 起始页码 | 135 |
| 卷号 | 135 |
| 英文摘要 | Climate change poses a significant challenge to the sustainable development of modern society, while its influence on income inequality remains understudied. This study examines how high temperature affects withinfirm wage inequality using Chinese listed companies from 2006 to 2020. Results suggest that high temperature significantly increases managerial compensation while reducing employee wages, thereby exacerbating withinfirm wage inequality. The main driver is the disparity in bargaining power between management and employees. China ' s 2012 heat subsidy policy has mitigated this inequality. Heterogeneity analysis reveals that in environments where employees wield more bargaining power, such as state-owned enterprises, sectors employing highly skilled workers, and regions with stronger unions, the negative impact is less pronounced. Conversely, in developed managerial markets, regulated industries, and large enterprises, where management holds stronger bargaining power, this impact is notably significant. These findings offer crucial insights for policymakers and stakeholders in addressing climate risks and regulating income distribution. |
| 英文关键词 | High temperature; Bargaining power; Within-firm wage inequality; China |
| 语种 | 英语 |
| WOS研究方向 | Business & Economics |
| WOS类目 | Economics |
| WOS记录号 | WOS:001227536000001 |
| 来源期刊 | ECONOMIC MODELLING
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/287034 |
| 作者单位 | Huazhong University of Science & Technology; Peking University |
| 推荐引用方式 GB/T 7714 | . High temperature, bargaining power and within-firm wage inequality: Evidence from China[J],2024,135. |
| APA | (2024).High temperature, bargaining power and within-firm wage inequality: Evidence from China.ECONOMIC MODELLING,135. |
| MLA | "High temperature, bargaining power and within-firm wage inequality: Evidence from China".ECONOMIC MODELLING 135(2024). |
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