G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16291
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
URLhttps://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.
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