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- W1521049171 abstract "This paper measures the degree of monopsony power exerted by Wal-Mart over retail workers using a dominant-firm model and data in the 48 contiguous U.S. states for counties where the company operates, presenting for the first time a measure of the company’s anticompetitive behavior. Empirical results show that Wal-Mart’s monopsony power over workers varies significantly across the country, being higher in non-metro and rural counties, particularly in the south. For instance, Wal-Mart’s buying power index in labor markets in rural southern and central states is estimated to be 5% or higher while the impact on northeastern states’ retail wages is negligible." @default.
- W1521049171 created "2016-06-24" @default.
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- W1521049171 date "2009-08-01" @default.
- W1521049171 modified "2023-09-27" @default.
- W1521049171 title "Is Wal-Mart a Monopsony? Evidence from Local Labor Markets" @default.
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- W1521049171 doi "https://doi.org/10.22004/ag.econ.51289" @default.
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