Showing 1 - 10 of 2,219
-setting power) and (iii) revenue productivity. We apply this framework to analyze whether the pricing behavior of firms in product …
Persistent link: https://www.econbiz.de/10011816497
This paper tests the pro-competitive effect of trade in the product and labor markets of UK manufacturing sectors between 1988 and 2003 using a two-stage estimation procedure. In the first stage, we use data on 9820 firms from twenty manufacturing sectors to simultaneously estimate mark-up and...
Persistent link: https://www.econbiz.de/10010267996
We present a growth model in which R&D increases productivity, union-firm bargaining determines the distribution of … wages. Because firms try to escape this cost increase through the improvement of productivity by R&D, the economy grows …
Persistent link: https://www.econbiz.de/10010261979
follows a Poisson process where firms improve their productivity through investment in R&D. The less there are firms in the …
Persistent link: https://www.econbiz.de/10010269189
Persistent link: https://www.econbiz.de/10010269632
offshoring on wage markdowns arises from an increase in productivity that is only imperfectly passed through into an increase in …
Persistent link: https://www.econbiz.de/10014296706
A growing body of research has contributed to understanding the labor market and political effects of globalization. This paper explores an overlooked aspect of trade-induced adjustments in the labor market: the institutional aspect. We take advantage of the two-tier collective bargaining...
Persistent link: https://www.econbiz.de/10012141349
Important labour market consequences of globalization may arise via product market integration which affects the room for wage negotiations and generates job creation and destruction through structural changes. We find in a Ricardian trade model that aggregate increases in wages and employment...
Persistent link: https://www.econbiz.de/10005763565
We estimate how trade openness affects the relationship between wages, labour productivity and foreign wages using … wages more in line with labour productivity. Foreign wages simultaneously become less relevant. Our results call to rethink …
Persistent link: https://www.econbiz.de/10005822959
The prevalence of labor unions have declined post-WWII, and this paper examines whether globalization is a contributing factor. Offshoring jobs abroad may change the composition of domestic firms and employment and thus reduce union density. Alternatively, a firms' ability to offshore may erode...
Persistent link: https://www.econbiz.de/10015061953