Liu, Jianan; Cai, Hongbo; Lin, Carl - 2024
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 …