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  • 标题:The Plant Size-Place Effect: Agglomeration and Monopsony in Labour Markets
  • 本地全文:下载
  • 作者:Alan Manning
  • 期刊名称:CEP Discussion Paper
  • 出版年度:2007
  • 卷号:2007
  • 期号:jan
  • 出版社:Centre for Economic Performance
  • 摘要:This paper shows, using data from both the US and the UK, that average plant size is larger in denser markets. However, many popular theories of agglomeration – spillovers, cost advantages and improved match quality – predict that establishments should be smaller in cities. The paper proposes a theory based on monopsony in labour markets that can explain the stylized fact – that firms in all labour markets have some market power but that they have less market power in cities. It also presents evidence that the labour supply curve to individual firms is more elastic in larger markets.
  • 关键词:Agglomeration, Labour Markets, Monopsony
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