Yue, Wen - In: Journal of applied economics 25 (2022) 1, pp. 878-906
-in-difference method to explore the effects of human capital expansion on firms' markup and the influencing mechanism. Findings suggest … that human capital expansion significantly promotes the improvement of firms' markup, which remains true after a series of … improvement of firms' production efficiency and improves their markup through the production efficiency channel. On the other hand …