PRIVATIZATION, LIBERALIZATION, WAGES AND EMPLOYMENT - THEORY AND EVIDENCE FOR THE UK

被引：50
|
作者：
HASKEL, J [1 ]
SZYMANSKI, S [1 ]
机构：
[1] LONDON GRAD SCH BUSINESS STUDIES,LONDON,ENGLAND
来源：
ECONOMICA | 1993年 / 60卷 / 238期
关键词：
D O I：
10.2307/2554587
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Most agency-based privatization models are of the owner/manager relation and ignore the labour market. Yet in the 1980s there were profound changes in public sector and privatized firms to wages and employment. We develop a bargaining model of the manager/workforce relation, that explains employment and wages when firms are privatized, government objectives become more commercial and markets are liberalised. Using data on 14 UK companies, 1972-1988, that were publicly owned in 1972 we find: (a) employment fell following the change to more commercial objectives; (b) wages were only slightly affected by this, but fell if the firm lost market power.
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页码：161 / 182
页数：22
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