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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20648| Title: | The Effects of Union Wage-Settings on Firms' Production Factor Decisions |
| Keywords: | J50 C33 E24 L60 D21 ddc:330 wage bargaining employment capital stock work hours capital operating time manufacturing panel data Lohnverhandlungen Faktornachfrage Faktorintensität Theorie der Unternehmung Verarbeitendes Gewerbe Ökonometrisches Modell Theorie |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | This study is concerned with the development of a theoretical model and its empirical application to the estimation of the interaction between firms and trade union in determining wages and employment. The focus is on analyzing the effects of unions? demands on the firm?s choice of factors of production. In a two-step process the union and firm determine wages and capital stock, conditional on which the firm decides on production factors of employment, working hours and capital operating time. We suggest the use of a panel data approach applied to manufacturing data. A dynamic model is specified in which the optimal levels of the variables of interest and the speed of their adjustments are modeled in terms of observable policy variables. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20648 |
| Other Identifiers: | http://hdl.handle.net/10419/20648 ppn:362044546 |
| Appears in Collections: | EconStor |
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