Yunisvita, Yunisvita (2020) Does monopsony exist in academic labor market? (Corresponding Author). Jurusan Ekonomi Pembangunan Fakultas Ekonomi.
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Abstract
This study aims to examine empirically the power of monopsony in the academic labor market, particularly in public universities. Upward sloping supply curve is indicative of monopsony and its power supply elasticity is suspected of demand for lecturers. The method used to estimate the supply equation for lecturer at four public universities in Indonesia is OLS model. A stratified sample is determined proportionally as much as 348 lecturers, by academic rank, gender and discipline. It is found that the supply elasticity is inelastic indicating that earnings lecturers are in non-competitive conditions. When employers face an inelastic supply curve, the marginal expenditure and average expenditure is very much different, which gave it the power to set wages, so it implies that the power of monopsony is big.
| Item Type: | Other |
|---|---|
| Subjects: | #3 Repository of Lecturer Academic Credit Systems (TPAK) > Corresponding Author |
| Divisions: | 01-Faculty of Economics > 60201-Development Economics (S1) |
| Depositing User: | Dr. Yunisvita Yunisvita |
| Date Deposited: | 25 Oct 2021 12:38 |
| Last Modified: | 25 Oct 2021 12:38 |
| URI: | http://repository.unsri.ac.id/id/eprint/56454 |
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