• english 
    • español
    • english
    • português (brasil)
      • español
      • english
      • português (brasil)
    View Item 
    •   Scioteca Home
    • 06. Documentos de trabajo
    • 6.1 Documentos de trabajo en investigación socioeconómica
    • View Item
    •   Scioteca Home
    • 06. Documentos de trabajo
    • 6.1 Documentos de trabajo en investigación socioeconómica
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Browse

    All of Scioteca

    Communities & CollectionsBy Issue DateAuthorsTitlesSubjectsCountry / Region

    This Collection

    By Issue DateAuthorsTitlesSubjectsCountry / Region

    Profiles

    Our authors

    My Account

    LoginRegister

    Urban Transit Infrastructure: Spatial Mismatch and Labor Market Power

    Abstract
    Does transit infrastructure reduce labor market power? This paper estimates the effects of a large subway expansion on local labor market outcomes in Santiago, Chile. Using a linked employer-employee dataset with spatial information, we estimate the effects of the network expansion on the most-affected workers and firms through a reduced-form analysis. We find changes in work locations and wages consistent with a reduction in firms’ labor market power around areas connected to the subway network after the expansion. We then lay out a quantitative spatial equilibrium model where firms behave as oligopsonies in the labor market to calculate the welfare gains from the transit infrastructure expansion. Our model allows us to decompose the welfare gains into i) the efficiency gains through improved matching between workers and firms and ii) the gains from reducing labor misallocation through labor market power responses. The model also provides a framework to analyze the distributional implications of the infrastructure expansion. We find that workers benefit as firm owners see reduced profits and that accounting for labor market power responses amplifies the welfare gains.
    Subject
    Desarrollo urbano | Economía | Infraestructura
     
    Country / Region
    Chile
    URI
    https://scioteca.caf.com/handle/123456789/1992
    Date
    2022-09
    Cite this publication
    Belongs to collection
    • 6.1 Documentos de trabajo en investigación socioeconómica
    Thumbnail
    View/Open
    Urban Transit Infrastructure_Spatial Mismatch and Labor Market Power.pdf (4.416Mb)
    Author
    Pérez, Jorge
    Vial, Felipe
    Zárate, Román
    Show full item record

    Items Relacionados

    Thumbnail
    Evaluating the Impact of Buenos Aires’s Metrobus on Within-City Spatial Sorting

    How do improvements in the urban transport infrastructure affect the spatial sorting of residents with different levels of in-come and education within ...

    Thumbnail
    Measuring Imperfect Competition in Product and Labor Markets. An Empirical Analysis using Firm-level Production Data

    In this paper, we develop a simple theoretical model that allows us to disentangle empirically the extent of imperfect competition in product and labor ...

    Thumbnail
    Transit Infrastructure and Couples’ Commuting Choices in General Equilibrium

    What is the impact of improving the transit infrastructure on the gender earnings gap? How does family structure matter to un‐derstand the impact of new ...

    • access

      • shareholders' assembly
      • board of directors
      • customers
      • officials
    • employment

      • our people and values
      • corporate internship program
      • professional development program
      • register your resumee
      • current opportunities
      • employment faq
      • ex-post consulting
    • contact us

      • prevention of asset laundering
      • ethics committee
      • contact us
    • in this website

      • knowledge
      • events
      • log
      • news
      • calls
      • terms and conditions
      • site map
    • other websites

      • geosur
      • centro de información y documentación