Ahsan, Reshad N.; Mitra, Devashish - In: Journal of Development Economics 108 (2014) C, pp. 1-16
We examine the impact of trade reforms initiated in 1991 on labor's share in revenue among a sample of Indian firms. Theoretically, trade reforms will affect this share by reducing firm-level price–cost markups as well as the bargaining power of workers. A simple model suggests that these...