MONOPSONISTIC BEHAVIOR IN CHILEAN MANUFACTURING

This paper uses a firm-specific method for measuring monopsonistic behavior developed by Brummund (2012) using data for Chilean manufacturing plants for the period 2001-2006. We find that there is significant heterogeneity in labor market power across plants and that nearly a quarter of the plants h...

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Autores principales:	MACKINSON,DAVID, NAVARRO,LUCAS
Lenguaje:	English
Publicado:	ILADES. Universidad Alberto Hurtado. 2013
Materias:	Monopsony labor markets Chile
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702013000200004
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spelling	oai:scielo:S0718-887020130002000042014-01-20MONOPSONISTIC BEHAVIOR IN CHILEAN MANUFACTURINGMACKINSON,DAVIDNAVARRO,LUCAS Monopsony labor markets Chile This paper uses a firm-specific method for measuring monopsonistic behavior developed by Brummund (2012) using data for Chilean manufacturing plants for the period 2001-2006. We find that there is significant heterogeneity in labor market power across plants and that nearly a quarter of the plants have a significant level of labor market power. It is also shown that individual plant characteristics explain more of the variation in monopsonistic behavior than do the characteristics of the accompanying labor market. These results are relevant for labor market policy since and suggest that a binding minimum wage could have ambiguous effects on welfare.info:eu-repo/semantics/openAccessILADES. Universidad Alberto Hurtado.Revista de análisis económico v.28 n.2 20132013-10-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702013000200004en10.4067/S0718-88702013000200004
institution	Scielo Chile
collection	Scielo Chile
language	English
topic	Monopsony labor markets Chile
spellingShingle	Monopsony labor markets Chile MACKINSON,DAVID NAVARRO,LUCAS MONOPSONISTIC BEHAVIOR IN CHILEAN MANUFACTURING
description	This paper uses a firm-specific method for measuring monopsonistic behavior developed by Brummund (2012) using data for Chilean manufacturing plants for the period 2001-2006. We find that there is significant heterogeneity in labor market power across plants and that nearly a quarter of the plants have a significant level of labor market power. It is also shown that individual plant characteristics explain more of the variation in monopsonistic behavior than do the characteristics of the accompanying labor market. These results are relevant for labor market policy since and suggest that a binding minimum wage could have ambiguous effects on welfare.
author	MACKINSON,DAVID NAVARRO,LUCAS
author_facet	MACKINSON,DAVID NAVARRO,LUCAS
author_sort	MACKINSON,DAVID
title	MONOPSONISTIC BEHAVIOR IN CHILEAN MANUFACTURING
title_short	MONOPSONISTIC BEHAVIOR IN CHILEAN MANUFACTURING
title_full	MONOPSONISTIC BEHAVIOR IN CHILEAN MANUFACTURING
title_fullStr	MONOPSONISTIC BEHAVIOR IN CHILEAN MANUFACTURING
title_full_unstemmed	MONOPSONISTIC BEHAVIOR IN CHILEAN MANUFACTURING
title_sort	monopsonistic behavior in chilean manufacturing
publisher	ILADES. Universidad Alberto Hurtado.
publishDate	2013
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702013000200004
work_keys_str_mv	AT mackinsondavid monopsonisticbehaviorinchileanmanufacturing AT navarrolucas monopsonisticbehaviorinchileanmanufacturing
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MONOPSONISTIC BEHAVIOR IN CHILEAN MANUFACTURING

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