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Unionization, Short-Run Flexibility and Cost Efficiency: Evidence from U.S. Manufacturing

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Author Info
Magnani, E.
Prentice, D.
Abstract

Flexibility is of great interest to policy makers and in the popular policy debate, unions are believed to be a main impediment ot achieving it. However, these beliefs are not based on firm empirical foundations. using a new dataset on U.S. three digit manufacturing industries from 1971-1994, we quantify, for the first time, Stigler's concept of output flexibility, estimate input flexibility and quantify the effects of unionization for both.

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Publisher Info
Paper provided by La Trobe - Department of Economics in its series Papers with number 00.04.

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Length: 36 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:fth:latrob:00.04

Contact details of provider:
Postal: School of Economics and Commerce, La Trobe University, Bundoora, Victoria, Australia 3089.
Phone: (03) 9479 3012
Fax: (03) 9479 5971
Email:
Web page: http://www.latrobe.edu.au/business/
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Related research
Keywords: LABOUR MARKET WORKERS' REPRESENTATION COSTS

Find related papers by JEL classification:
J5 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining
L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
L6 - Industrial Organization - - Industry Studies: Manufacturing

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This page was last updated on 2008-7-2.


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