Employment determination in the Swedish wood industry : a test of the labor demand model
AbstractThe paper presents an empirical analysis of employment determination in the Swedish wood industry. The conventional labor demand model is tested against the alternative hypothesis that both wages and employment are subject to bargaining. The labor demand model is not supported by the data. Outside wages consistently influence wages negatively, so it is concluded that the alternative model of efficient bargains provides a better explanation of the results.
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Bibliographic InfoArticle provided by Finnish Economic Association in its journal Finnish Economic Papers.
Volume (Year): 5 (1992)
Issue (Month): 1 (Spring)
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