What do unions do at the large scale? Macro-economic evidence from a panel of OECD countries
Dimitrios Asteriou () and
Vassilis Monastiriotis ()
Journal of Applied Economics, 2004, vol. 7, pages 27-46
This paper investigates the long-run relationship between trade unionism and productivity using a panel data set comprising of 18 OECD economies. Much of the existing evidence on this issue derives from micro-economic studies, with limited attention paid to long-run dynamics and economy-wide effects. Using the mean group and pooled mean group estimation techniques on cross-country panel data, the paper offers support to the "productivity-increasing face of unionism" hypothesis, revealing a positive relationship between trade union density and per worker output.
Keywords: Trade unions; productivity growth; panel data econometrics (search for similar items in EconPapers)
JEL-codes: C23 J51 O4 (search for similar items in EconPapers)
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Persistent link: http://EconPapers.repec.org/RePEc:cem:jaecon:v:7:y:2004:n:1:p:27-46
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