@TechReport{iza:izadps:dp14390,
            	author={Amodio, Francesco and Roux, Nicolás de},
            	title={Labor Market Power in Developing Countries: Evidence from Colombian Plants},
            	year={2021},
	month={May},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={14390},
            	url={https://www.iza.org/index.php/publications/dp14390},
	abstract={How much can employers in low and middle-income countries suppress wages below marginal productivity? Using plant and customs data from Colombia, we exploit pre- determined variation across plants in sales export destination combined with variation in exchange rates to generate plant-specific shocks to marginal revenue productivity and labor demand. We estimate a firm-level labor supply elasticity of around 2.5, implying that workers produce about 40% more than their wage level. Our results indicate that Colombian and US manufacturers have a comparable degree of labor market power.},
	keywords={labor market power;export;Colombia},
            }