Competition policy and labor income share: Evidence from the antitrust policy in China

被引：7

作者：

Cheng, Rui ^{[1
]}

Li, Jing ^{[1
]}

Wu, Ting ^{[1
]}

机构：

[1] Anhui Univ Finance & Econ, Sch Econ, Bengbu 233030, Peoples R China

来源：

ECONOMIC ANALYSIS AND POLICY | 2024年 / 83卷

关键词：

Competition policy; Market power; Anti-Monopoly Law; Labor income share; MARKET POWER; GROWTH; FALL; RISE;

D O I：

10.1016/j.eap.2024.08.003

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study examines the impact of increased market competition on labor income share. We use the enactment of China's Anti-Monopoly Law as a quasi-natural experiment. The results reveal that the Anti-Monopoly Law has a significant positive effect on the labor income share of firms with higher market power. This is because the rising market competition, effected by the Anti- Monopoly Law, inhibits market power and increases average labor wages. Our findings are relevant for firms in provinces with higher administrative monopolies, with less competition, and under industries with less competition.

引用

页码：966 / 977

页数：12

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