Imports as Product and Labor Market Discipline
Herve Boulhol,
Sabien Dobbelaere and
Sara Maioli ()
Additional contact information
Sara Maioli: Newcastle University
No 2178, IZA Discussion Papers from Institute of Labor Economics (IZA)
Abstract:
This paper tests the pro-competitive effect of trade in the product and labor markets of UK manufacturing sectors between 1988 and 2003 using a two-stage estimation procedure. In the first stage, we use data on 9820 firms from twenty manufacturing sectors to simultaneously estimate mark-up and workers’ bargaining power parameters according to sector, firm size and period. We find a significant drop in both the mark-up and the workers’ bargaining power in the mid-nineties. In the second stage, we relate our parameters of interest to trade variables. Our results show that imports from developed countries have significantly contributed to the decrease in both mark-ups and workers’ bargaining power.
Keywords: mark-ups; pro-competitive effect; workers’ bargaining power (search for similar items in EconPapers)
JEL-codes: C23 F16 J51 L13 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2006-06
New Economics Papers: this item is included in nep-com and nep-int
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Citations: View citations in EconPapers (11)
Published - published in: British Journal of Industrial Relations, 2011, 49(2): 331-361
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Related works:
Journal Article: Imports as Product and Labour Market Discipline (2011)
Working Paper: Imports as Product and Labour Market Discipline (2009) 
Working Paper: Imports as product and labour market discipline (2007) 
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Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp2178
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