발전기금
[경제학과] 4월 10일 BK 목요세미나 안내
- 진하은
- 2025-04-08
이번 주 4월 10일 목요일에 진행되는 목요세미나 일정 안내 드립니다.
- 일시: 2025년 4월 10일 (목) 16:30 - 17:45
- 장소: 경영관 33503호
- 발표자: 홍준교 교수님 (National Taiwan University)
- 주제: Trade Liberalization in Oligopsony
- Abstract: Trade liberalization in oligopsonistic markets can distort welfare by amplifying firms’ labor market power, thereby exacerbating within-firm wage dispersion. We empirically study this distortion using a quasi-experiment of Taiwan’s Economic Cooperation Framework Agreement (ECFA) with China, which liberalized a small set of product categories. Focusing on Taiwanese machinery manufacturers, we find that the ECFA increased wages by 5.1% but led to an 11% increase in wage markdowns,indicating suboptimal wage premia. The increased within-firm wage dispersion and the lack of productivity gains further suggest a reduced allocative efficiency.