prevailing in product and labor markets. For each of the three predominant regimes in each country, we then investigate industry … economies within regimes. -- rent sharing ; monopsony ; price-cost mark-ups ; production function ; panel data …

panel data samples of large firms for1970-79, and rely on simple models of the accelerator-profits type. We find that the …

U.S. based on newly assembled comparable data sets in both countries. Three explanations of the recent productivity …, either at the industry or the firm levels …