Offshoring and Labor Market Power: Comparing Belgian and Dutch Firms
研究比利时和荷兰企业离岸外包与劳动力市场不完善的关系，发现离岸外包加剧了工资折价，且比利时的集中讨价还价结构使工资折价对离岸外包更敏感。
ABSTRACT We study the relationship between offshoring and labor market imperfections at the firm level in Belgium and the Netherlands. In both countries, wage‐markup pricing stemming from workers' monopoly power is more prevalent than wage‐markdown pricing originating from firms' monopsony power. Offshoring is associated with a higher prevalence and intensity of wage markdowns, driven by an increase in productivity that is only imperfectly passed through into an increase in wages. The lower firm‐level productivity‐wage pass‐through in Belgium, attributed to its more centralized bargaining structure, makes wage markdowns more responsive to offshoring.