THE RELATIONSHIP BETWEEN UNION WAGE AND PROFITABILITY EFFECTS

被引：9

作者：

CABLE, JR ^{[1
]}

MACHIN, SJ ^{[1
]}

机构：

[1] UNIV LONDON UNIV COLL,LONDON WC1E 6BT,ENGLAND

来源：

ECONOMICS LETTERS | 1991年 / 37卷 / 03期

基金：

英国经济与社会研究理事会;

关键词：

D O I：

10.1016/0165-1765(91)90229-E

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper presents empirical evidence on the relationship between union effects on wages and on profitability. As expected, unions are found to increase wages (albeit significantly in smaller firms only) and to reduce profitability in a sample of British engineering firms over the period 1979-1982. The key question asked is whether the observed union effect on profitability is no more than a further manifestation of the observed wage effect. Estimates of profit equations normalised to take account of the union wage effect do not reject the hypothesis that it is. © 1991.

引用

页码：315 / 321

页数：7

共 14 条

[1]

ARELLANO M, 1991, IN PRESS REV EC STUD

[2]

BLANCHFLOWER DB, 1988, 324 CTR LAB EC LOND

[3] PROFIT-RELATED PAY - PROSE DISCOVERED [J].