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Panel data estimates of the production function and product and labor market imperfections
Dobbelaere, Sabien; Mairesse, Jacques - 2010
Embedding the efficient bargaining model into the R. Hall (1988) approach for estimating price-cost margins shows that both imperfections in the product and labor markets generate a wedge between factor elasticities in the production function and their corresponding shares in revenue. This...
Persistent link: https://www.econbiz.de/10011377461
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Panel Data Estimates of the Production Function and Product and Labor Market Imperfections
Dobbelaere, Sabien - 2010
monopsony model, we provide two extensions of a microeconomic version of Hall's framework for estimating price-cost margins. We … the labor market (IC-PR), and by a regime of perfect competition in the product market and monopsony in the labor market …
Persistent link: https://www.econbiz.de/10013138258
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Panel Data Estimates of the Production Function and Product and Labor Market Imperfections
Dobbelaere, Sabien - 2009
Embedding the efficient bargaining model into the R. Hall (1988) approach for estimating price-cost margins shows that both imperfections in the product and labor markets generate a wedge between factor elasticities in the production function and their corresponding shares in revenue. This...
Persistent link: https://www.econbiz.de/10012719759
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Panel Data Estimates of the Production Function and Product and Labor Market Imperfections
Dobbelaere, Sabien - 2007
Embedding the efficient bargaining model into the Hall (1988) approach for estimating price-cost margins shows that both imperfections in the product and labor markets generate a wedge between factor elasticities in the production function and their corresponding shares in revenue. This article...
Persistent link: https://www.econbiz.de/10012776545
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Panel data estimates of the production function and product and labor market imperfections
Dobbelaere, Sabien; Mairesse, Jacques - 2010
monopsony model, we provide two extensions of a microeconomic version of Hall's framework for estimating price-cost margins. We … the labor market (IC-PR), and by a regime of perfect competition in the product market and monopsony in the labor market … industry characteristics and firmspecific variables respectively. -- rent sharing ; monopsony ; price-cost mark …
Persistent link: https://www.econbiz.de/10009006943
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Micro-evidence on product and labor market regime differences between Chile and France
Dobbelaere, Sabien; Lauterbach, Rodolfo; Mairesse, Jacques - 2015
or right-to-manage bargaining, efficient bargaining and monopsony). Using an unbalanced panel of 1,737 firms over the …
Persistent link: https://www.econbiz.de/10011283103
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Product and labor market imperfections and scale economies : micro-evidence on France, Japan and the Netherlands
Dobbelaere, Sabien; Kiyota, Kōzō; Mairesse, Jacques - 2013
Persistent link: https://www.econbiz.de/10010191421
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Labor market imperfections, markups and productivity in multinationals and exporters
Dobbelaere, Sabien; Kiyota, Kōzō - 2017
This paper examines the links between the internationalization mode of firms and market imperfections in product and labor markets. We develop a framework for modelling heterogeneity across firms in terms of (i) product market power (price-cost markups), (ii) labor market imperfections (workers'...
Persistent link: https://www.econbiz.de/10011772937
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Labor market imperfections, markups and productivity in multinationals and exporters
Dobbelaere, Sabien; Kiyota, Kōzō - 2017
This paper examines the links between the internationalization mode of firms and market imperfections in product and labor markets. We develop a framework for modelling heterogeneity across firms in terms of (i) product market power (price-cost markups), (ii) labor market imperfections (workers'...
Persistent link: https://www.econbiz.de/10011776033
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Comparing micro-evidence on rent sharing from three different approaches
Dobbelaere, Sabien; Mairesse, Jacques - 2015
Empirical labor economists have resorted to estimating the responsiveness of workers' wages on firms' ability to pay to assess the extent to which employers share rents with their employees. This paper compares this labor economics approach with two other approaches that rely on standard micro...
Persistent link: https://www.econbiz.de/10011283105