Works Councils – Sand or Grease in the Operation of German Firms?
Thorsten Schank (),
Claus Schnabel () and
Joachim Wagner ()
No 648, IZA Discussion Papers from Institute of Labor Economics (IZA)
Using a large panel data set we investigate whether works councils act as sand or grease in the operation of German firms. Stochastic production frontier analysis indicates that establishments with and without a works council do not exhibit significant differences in efficiency.
Keywords: Germany; codetermination; works council; production frontier analysis (search for similar items in EconPapers)
JEL-codes: J50 (search for similar items in EconPapers)
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Published in: Applied Economics Letters, 2004, 11 (3), 159–161
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Journal Article: Works councils - sand or grease in the operation of German firms? (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp648
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