TY  - RPRT
        AU  - Amodio, Francesco
AU  - Roux, Nicolás de
        TI  - Labor Market Power in Developing Countries: Evidence from Colombian Plants
        PY  - 2021/May/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 14390
        UR  - https://www.iza.org/index.php/publications/dp14390
        AB  - 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.
        KW  - labor market power
KW  - export
KW  - Colombia
        ER  -