When union’s activity matters: the impact of union centralization on economic growth in OECD countries

Phu Nguyen-Van and Isabelle Terraz

Applied Economics, 2021, vol. 53, issue 21, 2433-2446

Abstract: It is nowadays accepted that labour market institutions matter in economic development. However, empirical studies on unions’ effect are not univocal. We provide new insight into the impact of unions on the long-run performance of industrialized economies using an indicator of union centralization. Relying on a recent panel dataset of OECD countries, we estimate a growth equation and show that a high degree of union centralization can be harmful to growth. This effect is not driven by economic channels (such as private investment, human capital and research and development) but appears to be related to a direct effect of unions on the growth process.

Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1080/00036846.2020.1861207 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: When union’s activity matters: The impact of union centralization on economic growth in OECD countries (2017)
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:taf:applec:v:53:y:2021:i:21:p:2433-2446

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEC20

DOI: 10.1080/00036846.2020.1861207

Access Statistics for this article

Applied Economics is currently edited by Anita Phillips

More articles in Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().