Arbeitspapier
Labor Market Power in Developing Countries: Evidence from Colombian Plants
How much can employers in low and middle-income countries suppress wages below marginal productivity? Using plant and customs data from Colombia, we exploit pre- determined variation across plants in sales export destination combined with variation in exchange rates to generate plant-specific shocks to marginal revenue productivity and labor demand. We estimate a firm-level labor supply elasticity of around 2.5, implying that workers produce about 40% more than their wage level. Our results indicate that Colombian and US manufacturers have a comparable degree of labor market power.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 14390
- Klassifikation
-
Wirtschaft
Monopsony; Segmented Labor Markets
Market Structure, Firm Strategy, and Market Performance: General
Industrialization; Manufacturing and Service Industries; Choice of Technology
Economywide Country Studies: Latin America; Caribbean
- Thema
-
labor market power
export
Colombia
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Amodio, Francesco
de Roux, Nicolás
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Labor Economics (IZA)
- (wo)
-
Bonn
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Amodio, Francesco
- de Roux, Nicolás
- Institute of Labor Economics (IZA)
Entstanden
- 2021
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