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Competition in the labor market theoretically leads to higher wages, yet empirical evidence to substantiate it … market on workers' wages using a panel dataset from Chinese industrial firms spanning 1998 to 2013. Employing OLS and IV … regressions, we demonstrate that a decrease in employer concentration is significantly linked to higher wages. The elasticities of …
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-industrializing developing countries (People's Republic of China, Thailand, and Philippines), drawing on recent developments in applied …
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This paper analyzes why an entry regulation that generated large rents was abruptly abolished. We argue that the rents supporting the regulation dissipated because a new technology encouraged illegal entry by raising the cost of enforcement. In 1998 China introduced a licensing system for the...
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