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The Effects Of Product Market Competition On Collective Bargaining Agreements
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Book Synopsis The Effects of Product Market Competition on Collective Bargaining Agreements by : John M. Abowd
Download or read book The Effects of Product Market Competition on Collective Bargaining Agreements written by John M. Abowd and published by . This book was released on 1991 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we study the connections between product .market conditions. negotiated wage settlements. and union employment in the presence of foreign competition shocks. We exploit the fact that in a small open economy such as Canada the price of imports and exports should represent pure demand shocks. We specify wage and employment determination equations for a sample of collective bargaining agreements from 1965 to 1983. Our estimation strategy consists of specifying the wage as a function of firm-specific value added per worker instrumented with the price of imports and the price of exports in the industry. The OLS specification is rejected in favor of the instrumental variables specification using standard specification tests. The instrumental variables estimates imply that a 1% change in value-added per worker increases the negotiated wage settlements by 0.25%. Similarly, we specify union employment as a function of firm-specific sales instrumented by the price of imports and exports in the industry. The instrumental variables estimates are imprecise and the specification test fails to reject the OLS specification. The OLS estimates imply that a 1% change in firm-specific sales increases employment by 0.19%. We use our estimates to trace the effects of foreign competition on the industry and firm-level sales and value-added measures.
Author :Abowd, John M Publisher :Cambridge, Mass. : National Bureau of Economic Research ISBN 13 : Total Pages :25 pages Book Rating :4.:/5 (273 download)
Book Synopsis The Effects of Product Market Competition on Collective Bargaining : the Case of Foreign Competition in Canada by : Abowd, John M
Download or read book The Effects of Product Market Competition on Collective Bargaining : the Case of Foreign Competition in Canada written by Abowd, John M and published by Cambridge, Mass. : National Bureau of Economic Research. This book was released on 1991 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Effects of International Competition on Collective Bargaining Outcomes by : John M. Abowd
Download or read book The Effects of International Competition on Collective Bargaining Outcomes written by John M. Abowd and published by . This book was released on 1990 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Compensation Structure and Product Market Competition by : John M. Abowd
Download or read book Compensation Structure and Product Market Competition written by John M. Abowd and published by . This book was released on 1996 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The inability to measure the opportunity cost of labor has plagued analyses of firm-level compensation policies for many years. Using a newly constructed data set of French workers and firms, we estimate the opportunity cost of the employees' time based on a measure of the person-effect in the wage equations (derived from Abowd, Kramarz and Margolis 1994). We then make direct calculations of the quasi-rent per worker at each firm and the conditions within that firm's product market, as measured by international prices, using a representative sample of private French firms. We find that quasi- rents per worker are only mildly related to the structure of the French product market. The systematic variation in our quasi-rents is related to international market prices and work force structure, however, producing an estimate of bargaining power for the employees of about 0.4. This estimate, while slightly larger than other estimates, may be quite reasonable for the workers in an economy in which the vast majority of jobs are covered by industry-level collective bargaining agreements.
Book Synopsis Product Market Regulation and Endogenous Union Formation by : Monique Ebell
Download or read book Product Market Regulation and Endogenous Union Formation written by Monique Ebell and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economics of Collective Bargaining by : Charles Craypo
Download or read book The Economics of Collective Bargaining written by Charles Craypo and published by . This book was released on 1986 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Collective Bargaining and Wage Formation by : Hannu Piekkola
Download or read book Collective Bargaining and Wage Formation written by Hannu Piekkola and published by Springer Science & Business Media. This book was released on 2005-12-06 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hannu Piekkola and Kenneth Snellman ETLA, The Research Institute of the Finnish Economy, Helsinki, Finland The Labour Institute for Economic Research, Helsinki, Finland 1 The Basic Issues Wages have traditionally been agreed on collectively in Europe. The articles in this volume examine the current state of collective bargaining as well as the ch- lenges it is currently facing. The issues examined in these papers have a wide applicability to problems on the European labour markets. Torben M. Andersen and Steinar Holden review challenges from globalisation and inter-industry trade and the adaptation to a low-inflation environment. The other contributions are part of the project investigating collective bargaining in Finland, carried out by ETLA (the Research Institute of the Finnish Economy) and the Labour Institute for E- nomic Research. Some of them use results from a Finnish survey carried out by the two institutes ETLA and the Labour Institute on the views of employers and employees about labour relations and the labour market negotiation system. Bargaining systems are complex and their future development depends on their historical evolution, recent and past experiences, and the current situation in the labour market, as well as changes in the international environment. By examining the past functioning of the bargaining system one can observe how different e- ments in it have interacted with various factors in the environment of the system.
Book Synopsis Wage Bargaining in Industries with Market Power by : A. Jorge Padilla
Download or read book Wage Bargaining in Industries with Market Power written by A. Jorge Padilla and published by . This book was released on 1996 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the nature of interactions among firms and among trade unions, when setting wages within an oligopolistic market.
Book Synopsis The Effects of International Competiton on Collective Bargaining Outcomes by : John M. Abowd
Download or read book The Effects of International Competiton on Collective Bargaining Outcomes written by John M. Abowd and published by . This book was released on 1990 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: We study the effects of import and export competition on collectively bargained wage settlements and bargaining unit employment from the sixties to the mid-eighties for the United States and Canada. Both value-based and pricebased measures of international competition are considered. We distinguish between the expected effects of increased international trade on new collective bargaining agreements and the realized effects over the life of existing agreements. Using value-based trade measures, the estimated effect of an increase in import domestic market share, holding constant the rate of growth of the domestic market, is negative for employment in both countries and exceeds the effect of a comparable change in the size of the domestic market. The import effect on wage rates is also negative for the United States but not for Canada. The import wage effect in the U.S. is also larger than the effect of a comparable change in the domestic market size. The estimated effect of increased export growth is positive for employment in both countries. The export effect on employment is comparable in magnitude to the effect of a change in the size of the domestic market. The export effect on wage rates is mixed-weakly positive for the U.S. and ambiguous for Canada. For Canada, we also estimate world price effects. Increases in the world import price index for the industry are associated with increased union employment. Increases in the world import price index for the industry are associated with increased union employment and lower wage settlements.
Book Synopsis Collective Bargaining by : Allan D. Flanders
Download or read book Collective Bargaining written by Allan D. Flanders and published by Penguin Group. This book was released on 1969 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compilation of essays on collective bargaining in the UK and the USA - comprises 18 articles grouped under 6 headings, (1) modern analysis, (2) industrial conflict, (3) dispute settlement, (4) bargaining structure, (5) productivity bargaining, and (6) management and collective bargaining, and covers labour relations, strike action, the role of shop stewards, restrictive practices, management attitudes, etc. References and statistical tables.
Book Synopsis Determining Forces in Collective Wage Bargaining by : Harold Myer Levinson
Download or read book Determining Forces in Collective Wage Bargaining written by Harold Myer Levinson and published by New York : Wiley. This book was released on 1966 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Wage Bargaining in Industries with Market Power by : Atilano Jorge Padilla
Download or read book Wage Bargaining in Industries with Market Power written by Atilano Jorge Padilla and published by . This book was released on 1994 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: El trabajo trata de investigar como los salarios equilibrados y el empleo, reaccionan para cambiar en el mercado laboral y productivo, el ciclo económico y la política económica.
Book Synopsis Open-Shop Unions and Product Market Competition by : Paulo Bastos
Download or read book Open-Shop Unions and Product Market Competition written by Paulo Bastos and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evidence on the effect of product market competition on unionized wages is mixed. In this paper we show theoretically that the result may reflect genuine heterogeneity in the response of union wages to product market conditions. For low levels of unionization, union bargaining power may actually be enhanced by market competition, as firms have more to lose when there is a strike. Using recent data from the UK, we explore interactions between the level of industry competition and unionization, and find supporting evidence for this hypothesis.
Book Synopsis Technological Change, Collective Bargaining, and Industrial Efficiency by : Paul Willman
Download or read book Technological Change, Collective Bargaining, and Industrial Efficiency written by Paul Willman and published by Oxford University Press, USA. This book was released on 1986 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assessing the reaction of trade unions to innovation, this revisionist study asserts that unions do not, in fact, obstruct change as often as is commonly assumed. In a detailed analysis of industrial innovations and labor relations, Willman examines three major industries that have experienced abnormal problems in both the U.S. and Great Britain: the port, newspaper, and automotive industries. The explanation for this pattern isolates the close relationship--in the U. S. and Great Britain--between technological and organized change.
Book Synopsis The Impact of Industrial Relations Practices on Employment and Unemployment by : David Marsden
Download or read book The Impact of Industrial Relations Practices on Employment and Unemployment written by David Marsden and published by . This book was released on 1995 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Product Market Competition, Wages and Productivity by : David G. Blanchflower
Download or read book Product Market Competition, Wages and Productivity written by David G. Blanchflower and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increased product market competition should affect outcomes in labour and product markets, and one of the key premises of standard economic theory is that, all other things held constant, prices should be lower and efficiency enhanced by more competition. In this paper we directly test this notion by considering the relationship between product market competition and establishment-level wages and economic performance. We use two microeconomic data sources from Britain and Australia to consider this relationship. Our results find only a limited role for market competition to impact on wages and productivity. In British workplaces, labour productivity is not raised by more competition, whilst in Australia we can only find evidence of the conventionally expected positive impact in manufacturing workplaces. With respect to wages, the results are more consistent with the competition hypothesis, though effects are not that strong, with significant effects only being found for some of the skill groups within our samples of establishments. Hence, there is only very limited support for the key hypothesis of interest that we consider.
Book Synopsis Unions and Collective Bargaining by : Toke Aidt
Download or read book Unions and Collective Bargaining written by Toke Aidt and published by Directions in Development. This book was released on 2002 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an extensive survey and synthesis of the economic literature on trade unions and collective bargaining and their impact on micro-and macro-economic outcomes. The authors demonstrate the effects of collective bargaining in different country settings and time periods. A comprehensive reference, this book will be of interest to students and scholars of labor policy as well as to policy makers and anyone with an interest in the economic consequences of unionism.
