logo SBA

ETD

Archivio digitale delle tesi discusse presso l’Università di Pisa

Tesi etd-09032022-124516


Tipo di tesi
Tesi di laurea magistrale
Autore
COLLODORO, CLAUDIA
URN
etd-09032022-124516
Titolo
Financial ownership in the automotive industry: impacts on the firm-level wage share.
Dipartimento
ECONOMIA E MANAGEMENT
Corso di studi
ECONOMICS
Relatori
relatore Prof. Dosi, Giovanni
Parole chiave
  • automotive sector
  • financialization
  • wage share
Data inizio appello
03/10/2022
Consultabilità
Non consultabile
Data di rilascio
03/10/2092
Riassunto
To study the role of fi nancialization in manufacturing sector, I focus on the automotive
industry (2-digit NACE 29) at global level retrieving data from Orbis Bureau van Dijk. In
particular, I observe the impact of a change in the ownership structure on the functional income
distribution at rm-level, further discriminating for nal assemblers and component producers to
possibly highlight different effects on labour share of being placed at various positions along the
global value chain. The peculiarity of my Master thesis lies
in fact in the de finition of financialisation. Actually, it relies on firms' ownership structure. In
fact, I consider as fi nancialised a company whose ownership is no longer in the hands of industrial
corporation but in those of a fi nancial institution.
I proceed by measuring the impact that the change in ownership structure has on the
wage share via a fixed-effects regression analysis, further enhanced by the inverse probability
weighting procedure.
File