We use the World Bank Investment Climate Surveys data to analyze the employment of both labor and capital in Indian …

How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We … novel screen to quantify how wages are affected by market power exerted in labor markets, either by a single firm or a group … of cooperating firms. The theory guides the measurement of labor “markdowns”, i.e., the gap between wage and the value of …

and relative to the control, run longer hours, demand more skilled labor and use 9.5 percent more electricity (standard …

Empirical cross-industry cross-country models are applied widely in economics, for example to investigate the … determinants of economic growth or international trade. Estimation generally relies on US proxies for unobservable technological … industry characteristics, for example industries' dependence on external finance or relationship-specific inputs. We examine …

Unlike economies as a whole, manufacturing industries exhibit unconditional convergence in labor productivity. The …

In this paper, we analyze the transition dynamics associated with an economy's response to trade liberalization. We … start by reviewing the recent literature that incorporates firm dynamics into models of international trade. We then build … trade liberalization. These modeling ingredients generate substantial aggregate transition dynamics as they shift and shape …