Unionization and cost of production: compensation, productivity, and factor-use effects

Randall Eberts () and Joe A. Stone ()

No 8701, Working Paper from Federal Reserve Bank of Cleveland

Abstract: A demonstration that unionization can affect cost of production through increases in compensation, through shifts in technologies, and through deviations from the least-cost combination of inputs (the factor-use effect).

Keywords: Labor productivity; Wages; Labor unions (search for similar items in EconPapers)
Date: 1987

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Related works:
Journal Article: Unionization and Cost of Production: Compensation, Productivity, and Factor-Use Effects (1991)
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