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Large Firms are good for their workers: Manufacturing wages as a function of firm size and concentration

Considerable policy interest attaches to understanding how wage rates vary with size of firms. The United States has a number of programs designed to affect the size of firms. Antitrust policies limit the size of the largest firms while a variety of small business policies are used to encourage the growth of small business. Such policies are traditionally believed to benefit the ordinary citizen in his roles as consumer and voter, and to have no adverse effect on him in his role as worker.