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More competitive markets are associated with higher productivity. However, changes in competition complicate productivity measurement since changing mark-ups may shift factor shares. This paper examines productivity measurement in markets with market power and restrictive work rules: rules that...
Persistent link: https://www.econbiz.de/10011081571
Persistent link: https://www.econbiz.de/10011081596
A big question in development economics is why developing countries are so unproductive in agriculture. This question is hard to answer because of limited data. In this project, we explore what we can learn from agriculture in US states where we have rich data. Focusing on US states has the...
Persistent link: https://www.econbiz.de/10011081512