This paper tests the pro-competitive effect of trade in the product and labour 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...

This discussion paper resulted in a publication in the <I>British Journal of Industrial Relations</I>, 49(2), 331-361. 10.1111/j.1467-8543.2009.00760.x<P> This paper tests the pro-competitive effect of trade in the product and labour markets of UK manufacturing sectors between 1988 and 2003 using a...</p></i>