Interaction between product market and labour market power: evidence from France, Belgium and Chile
This article jointly estimates price-cost mark-ups and union bargaining power of manufacturing firms in France, Belgium and Chile. Our GMM results provide strong evidence of price-cost mark-ups being underestimated when labour market imperfections are ignored, corresponding to the omission of the part of product rents captured by the workers.
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Dokumenttyp: | Artículo de revista |
Erscheinungsdatum: | 2009 |
Verlag/Hrsg.: |
Taylor and Francis
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Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-26991921 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | https://doi.org/10.1080/13504850701206478 |