Economics at your fingertips  

Are the degree of trade openness and the degree of wage centralisation negatively correlated?

Michele Santoni ()

Review of World Economics (Weltwirtschaftliches Archiv), 2012, vol. 148, issue 3, 583-594

Abstract: This paper presents evidence of a negative correlation between the degree of wage centralisation and the degree of trade openness, which is taken as a proxy measures of international trade integration. The sample data cover a macro-panel of 17 OECD countries over the 1975–2000 period. The results are robust to alternative estimation methods and after controlling for the endogeneity of the degree of openness. This contrasts with the existing empirical evidence, based on cross-country macroeconomic data, suggesting that more open economies have more centralised wage bargaining institutions on average. Copyright Kiel Institute 2012

Keywords: Trade integration; Degree of openness; Degree of wage centralisation; F1; J51; L13 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) (text/html)
Access to full text is restricted to subscribers.

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:

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/10290/PS2

DOI: 10.1007/s10290-012-0123-4

Access Statistics for this article

Review of World Economics (Weltwirtschaftliches Archiv) is currently edited by Paul Bergin, Holger Görg, Cédric Tille and Gerald Willmann

More articles in Review of World Economics (Weltwirtschaftliches Archiv) from Springer, Institut für Weltwirtschaft (Kiel Institute for the World Economy) Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().

Page updated 2020-08-02
Handle: RePEc:spr:weltar:v:148:y:2012:i:3:p:583-594