Journal article | Zeitschriftenartikel
The effect of globalization on union bargaining and price-cost margins of firms
In recent years, Europe has witnessed an accelerated process of economic integration. This paper analyzes how increased economic integration has affected labor and product markets. We use a panel of Belgian manufacturing firms to estimate price-cost margins and union bargaining power and show how various measures of globalization affect them. Import competition puts pressure on both markups and union bargaining power, especially when there is increased competition from low wage countries. This suggests that increased globalization is associated with a moderation of wage claims in unionized countries, which should be associated with positive effects on employment.
- Umfang
-
Seite(n): 13-36
- Sprache
-
Englisch
- Anmerkungen
-
Status: Postprint; begutachtet (peer reviewed)
- Erschienen in
-
Review of World Economics, 145(1)
- Thema
-
Wirtschaft
Arbeitsmarktforschung
Volkswirtschaftslehre
- Ereignis
-
Geistige Schöpfung
- (wer)
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Abraham, Filip
Konings, Jozef
Vanormelingen, Stijn
- Ereignis
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Veröffentlichung
- (wo)
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Deutschland
- (wann)
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2009
- DOI
- URN
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urn:nbn:de:0168-ssoar-203123
- Rechteinformation
-
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
- Letzte Aktualisierung
-
21.06.2024, 16:26 MESZ
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Objekttyp
- Zeitschriftenartikel
Beteiligte
- Abraham, Filip
- Konings, Jozef
- Vanormelingen, Stijn
Entstanden
- 2009
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