Product and labor market imperfections and scale economies: Micro-evidence on France, Japan and the Netherlands

Sabien Dobbelaere, Kozo Kiyota and Jacques Mairesse

No 19059, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Allowing for three labor market settings (perfect competition or right-to-manage bargaining, efficient bargaining and monopsony), this paper relies on two extensions of Hallʼs econometric framework for estimating simultaneously price-cost margins and scale economies. Using an unbalanced panel of 17,653 firms over the period 1986-2001 in France, 8,728 firms over the period 1994-2006 in Japan and 7,828 firms over the period 1993-2008 in the Netherlands, we first apply two procedures to classify 30 comparable manufacturing industries in 6 distinct regimes that differ in terms of the type of competition prevailing in product and labor markets. For each of the predominant regimes in each country, we then investigate industry differences in the estimated product and labor market imperfections and scale economies. Consistent with differences in institutions and in the industrial relations system in the three countries, we find important regime differences across the three countries and also observe differences in the levels of product market imperfections and scale economies within regimes.

JEL-codes: C23 D21 J50 L13 (search for similar items in EconPapers)
Date: 2013-05
New Economics Papers: this item is included in nep-com and nep-eur
Note: PR
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published as Dobbelaere, Sabien & Kiyota, Kozo & Mairesse, Jacques, 2015. "Product and labor market imperfections and scale economies: Micro-evidence on France, Japan and the Netherlands," Journal of Comparative Economics, Elsevier, vol. 43(2), pages 290-322.

Downloads: (external link)
http://www.nber.org/papers/w19059.pdf (application/pdf)

Related works:
Journal Article: Product and labor market imperfections and scale economies: Micro-evidence on France, Japan and the Netherlands (2015)
Working Paper: Product and Labor Market Imperfections and Scale Economies: Micro-Evidence on France, Japan and the Netherlands (2013)
Working Paper: Product and Labor Market Imperfections and Scale Economies: Micro-Evidence on France, Japan and the Netherlands (2013)
Working Paper: Product and Labor Market Imperfections and Scale Economies: Micro-evidence on France, Japan and the Netherlands (2012)
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:nbr:nberwo:19059

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w19059

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().