Wal-Mart’s Monopsony Power in Local Labor Markets
| dc.creator | Bonanno, Alessandro | |
| dc.creator | Lopez, Rigoberto A. | |
| dc.date | 2017-04-01T19:58:30Z | |
| dc.date.accessioned | 2026-07-09T02:47:11Z | |
| dc.description | This paper measures the degree of monopsony power exerted by Wal-Mart over retail workers using a dominant-firm model and data on contiguous U.S. counties where the company operates, presenting for the first time a measure of the anti-competitive behavior of the company. Empirical results show that Wal-Mart’s monopsony power over workers varies significantly across the country, being higher in rural counties, particularly in the south. For instance, Wal-Mart’s buying power index in labor markets in rural southern central states is estimated to be 5% or higher while the impact on northeastern states’ retail wages is negligible. | |
| dc.identifier | doi:10.22004/ag.econ.6219 | |
| dc.identifier | https://ageconsearch.umn.edu/record/6219/files/469304.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/6219 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/519980 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/6219 | |
| dc.title | Wal-Mart’s Monopsony Power in Local Labor Markets | |
| dc.type | Text |