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This paper examines the impact of WTO membership on the extensive and intensive margins of product and labor market power of Chinese manufacturing firms during the period 1999- 2006. We first identify a firm's regime of competitiveness, corresponding to a combination of a product market setting...
Persistent link: https://www.econbiz.de/10012026039
Do firms in China share rents with their workers? We address this question by examining firm-level panel data covering … importance, RS in China is smaller and more symmetric than in developed economies, which reflects the weaker bargaining power of …
Persistent link: https://www.econbiz.de/10011985679
Do firms in China share rents with their workers? We address this question by examining firm-level panel data covering … importance, RS in China is smaller and more symmetric than in developed economies, which reflects the weaker bargaining power of …
Persistent link: https://www.econbiz.de/10012870311
Do firms in China share rents with their workers? We address this question by examining firm-level panel data covering …, while employer labour market power reduces wages, it increases RS. Overall, despite its importance, RS in China is smaller …
Persistent link: https://www.econbiz.de/10012147394
This paper revisits the relationship between competition and total factor productivity by analyzing how the type and the degree of product and labor market imperfections affect different moments of total factor productivity distributions. Following the methodology developed in Dobbelaere and...
Persistent link: https://www.econbiz.de/10011588327
Persistent link: https://www.econbiz.de/10012003945
This paper examines the links between the internationalization mode of firms and market imperfections in product and labor markets. We develop a framework for modelling heterogeneity across firms in terms of (i) product market power (price-cost markups), (ii) labor market imperfections (workers'...
Persistent link: https://www.econbiz.de/10011772937
This paper examines the links between the internationalization mode of firms and market imperfections in product and labor markets. We develop a framework for modelling heterogeneity across firms in terms of (i) product market power (price-cost markups), (ii) labor market imperfections (workers'...
Persistent link: https://www.econbiz.de/10011776033
Persistent link: https://www.econbiz.de/10014495146
degree of monopsony power is captured by the elasticity of firm-level labor supply, with a lower elasticity implying more … wage-setting power by the firm. With more productive firms paying higher wages, monopsony power dampens the impact of firm … inequality, but in an open economy high levels of monopsony power inhibit exporting, which may reduce inequality by compressing …
Persistent link: https://www.econbiz.de/10012040085