Arbeitspapier

Globalization and Labor Market Institutions: International Empirical Evidence

A widespread concern is that labor market institutions erode in the course of globalization, which, in turn, decreases employment and wages. By using panel data and crosssectional data, I investigate the influence of globalization on labor market regulation. I use the indicators of labor market institutions by Gwartney et al. (2012) and the KOF indices of globalization. To deal with potential reverse causality, I employ a system GMM panel estimator and use a constructed trade share as proposed by Frankel and Romer (1999) as an instrumental variable for globalization in cross sectional models. The results do not show that globalization induced labor market deregulation.

Sprache
Englisch

Erschienen in
Series: ifo Working Paper ; No. 154

Klassifikation
Wirtschaft
Trade and Labor Market Interactions
Labor-Management Relations, Trade Unions, and Collective Bargaining: Public Policy
Labor Standards: Public Policy
Thema
Globalization
labor market institutions

Ereignis
Geistige Schöpfung
(wer)
Potrafke, Niklas
Ereignis
Veröffentlichung
(wer)
ifo Institute - Leibniz Institute for Economic Research at the University of Munich
(wo)
Munich
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Potrafke, Niklas
  • ifo Institute - Leibniz Institute for Economic Research at the University of Munich

Entstanden

  • 2013

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