Minerals and the state-capital-labor triad -- Minerals, capital, and local economic development -- Resource extraction and victimization of labor -- Resources and local state capture -- Resources and local public goods provision -- Coping with the resource curse.

How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We examine this in the context of China and India – two large, rapidly-growing developing economies. Using theory, we develop a novel screen to quantify how wages are affected by...

How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We examine this in the context of China and India - two large, rapidly-growing developing economies. Using theory, we develop a novel screen to quantify how wages are affected by...