The Unraveling of the Union-Capital Truce and the U.S. Industrial Productivity Crisis

Michele I. Naples
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Michele I. Naples: Department of Economics, Rutgers University, Winants Hall, CAC, New Brunswick, NJ 08903.

Review of Radical Political Economics, 1986, vol. 18, issue 1-2, 110-131

Abstract: This paper historically and econometrically explores the hypothesis that the productivity slowdown is in part due to the secular increase in industrial conflict, and that this increase derives from the unraveling of the postwar structure of union-management relations (or truce) and historically low unemployment. The empirical investigation of conflict outside the truce and secular productivity growth provides statistical evidence for this hypothesis.

Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:18:y:1986:i:1-2:p:110-131

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