Interaction between product market and labour market power: evidence from France, Belgium and Chile

被引：1
|
作者：
Benavente, Jose Miguel [2 ]
Dobbelaere, Sabien [1 ]
Mairesse, Jacques [3 ]
机构：
[1] Univ Ghent, KU Leuven, Ghent, Belgium
[2] Univ Chile, Santiago, Chile
[3] Maastricht Univ, NBER, UNU MERIT, INSEE,CREST, Maastricht, Netherlands
来源：
APPLIED ECONOMICS LETTERS | 2009年 / 16卷 / 06期
关键词：
PRICE-COST MARGINS; INDUSTRY; WAGES;
D O I：
10.1080/13504850701206478
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This article jointly estimates price-cost mark-ups and union bargaining power of manufacturing firms in France, Belgium and Chile. Our GMM results provide strong evidence of price-cost mark-ups being underestimated when labour market imperfections are ignored, corresponding to the omission of the part of product rents captured by the workers.
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页码：573 / 577
页数：5
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