| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28977 |
| 来源ID | Working Paper 28977 |
| Infrastructure Investment and Labor Monopsony Power | |
| Wyatt Brooks; Joseph P. Kaboski; Illenin O. Kondo; Yao Amber Li; Wei Qian | |
| 发表日期 | 2021-07-05 |
| 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 | Labor Economics ; Labor Market Structures ; Development and Growth ; Development |
| URL | https://www.nber.org/papers/w28977 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586651 |
| 推荐引用方式 GB/T 7714 | Wyatt Brooks,Joseph P. Kaboski,Illenin O. Kondo,et al. Infrastructure Investment and Labor Monopsony Power. 2021. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w28977.pdf（2188KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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