From Product Concentration to Local Labor Market Outcomes: The Effect on Industry Wages

Ivan Petkov

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper, I examine whether higher product market power can affect labor earnings through its effect on overall labor demand in distinct markets, as a set of dominant firms replaces employment by competitors. To identify relative labor demand shifts, I focus on variations in the spatial concentration within an industry following increases in market power.

Keywords: Product Concentration; Labor Market Concentration; Local Labor Markets (search for similar items in EconPapers)
JEL-codes: J0 J3 J6 L1 (search for similar items in EconPapers)
Date: 2019-07-01
New Economics Papers: this item is included in nep-com, nep-ore and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:97503

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