Interaction between product market and labour market power: Evidence from France, Belgium and Chile

José Miguel Benavente, Sabien Dobbelaere, Jacques Mairesse

Producción científica: Contribución a una revistaArtículorevisión exhaustiva

2 Citas (Scopus)

Resumen

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.

Idioma originalInglés
Páginas (desde-hasta)573-577
Número de páginas5
PublicaciónApplied Economics Letters
Volumen16
N.º6
DOI
EstadoPublicada - 2009

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