Dobbelaere, Sabien; Kiyota, Kozo; Mairesse, Jacques - Institute for the Study of Labor (IZA) - 2013
Allowing for three labor market settings (perfect competition or right-to-manage bargaining, efficient bargaining and monopsony), this paper relies on an extension of Hall's econometric framework for estimating simultaneously price-cost margins and scale economies. Using an unbalanced panel of...