| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16291 |
| DP16291 Infrastructure Investment and Labor Monopsony Power | |
| Wyatt Brooks; Joseph Kaboski; Illenin Kondo; Yao Amber Li; Wei Qian | |
| 发表日期 | 2021-06-24 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | In this paper we study whether or not transportation infrastructure disrupts local monopsony power in labor markets using an expansion of the national highway system in India. Using panel data on manufacturing firms, we find that monopsony power in labor markets is reduced among firms near newly constructed highways relative to firms that remain far from highways. We estimate that the highways reduce labor markdowns significantly. We use changes in the composition of inputs to identify these effects separately from the reduction of output markups that occurs simultaneously. The impacts of highway construction are therefore pro-competitive in both output and input markets, and act to increase the share of income that labor receives by 1.8--2.3 percentage points. |
| 主题 | Development Economics ; Labour Economics ; Macroeconomics and Growth |
| URL | https://cepr.org/publications/dp16291 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545256 |
| 推荐引用方式 GB/T 7714 | Wyatt Brooks,Joseph Kaboski,Illenin Kondo,et al. DP16291 Infrastructure Investment and Labor Monopsony Power. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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