An Econometric Study of the Behaviour of Real Wages in Two French Industries

A T Flegg, J D Boardley, C D Webber and G C Mulvey

Economic Issues Journal Articles, 2000, vol. 5, issue 1, 41-60

Abstract: This paper examines the behaviour of real wages in the French textile and paper industries. The econometric analysis is embedded within theoretical framework of the insider-outsider hypothesis. The models attempt to measure the impact of insiders and outsiders on real wages, and the part that insiders play in creating hysteresis in employment. The analysis uses a range of industry-specific and aggregate variables to measure the influence of insiders and outsiders. Quarterly data for the period 1972-97 are employed. The econometric results indicate that both internal and external variables play a statistically significant role in explaining changes in real wages, and that the pure insider-outsider hypothesis can be rejected for both industries. As far as its authors are aware, this paper is the first to test for insider power in French industry.

Date: 2000
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.economicissues.org.uk/Files/2001/100dFlegg.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eis:articl:100flegg

Access Statistics for this article

More articles in Economic Issues Journal Articles from Economic Issues Contact information at EDIRC.
Bibliographic data for series maintained by Dan Wheatley ().