The Impact of Competition on Prices and Wages in Dutch Manufacturing Industries

M.H.C. Lever

Working Papers from NEUHUYS - RESEARCH INSTITUTE FOR SMALL AND MEDIUM

Abstract: The impact of competition on prices and wages in investigated using a panel of three-digit industries in the Dutch Manufacturing sector (1978-1991). Output prices are explaining using an oligopoly model, whereas wages are axplained through a bargaining model. The analysis reveals that market concentration in the product market has an upward impact on the price level, while exposure to foreign competition has an downward impact.

Keywords: COMPETITION; PRICES; WAGES (search for similar items in EconPapers)
JEL-codes: D43 J31 L13 (search for similar items in EconPapers)
Pages: 46 pages
Date: 1997
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:fth:miklrr:97-02

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