Wage Rates as a Barrier to Entry: The Pennington Case in Perspective
The Quarterly Journal of Economics · 1968 · Volume 82 · Issue 1
Abstract
Introduction, 85. — I. The allegations, 87. — II. The model, 90. — III. Wage barrier parameters in the bituminous coal industry, 101. — IV. Industry structure, 108. — V. Conclusions, 113.
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