Trade Union Objectives and Economic Growth
Abstract
A trade union whose purpose is to raise wages above the competitive level may foster economic growth if it succeeds in shifting income away from the owners of capital to the workers and if the workers' marginal propensity to save exceeds the one of capitalists. We make this point in an overlapping generations framework with unionized labor. Considering a monopoly union which cares for wages and employment, we determine a range of trade union objectives and characterize the aggregate technology so that the union's policy spurs per capita income growth and increases welfare of all generations that adhere to the union.Download Info
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Paper provided by Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy in its series CSEF Working Papers with number 34.Length:
Date of creation: 01 Mar 2000
Date of revision:
Publication status: Published in FinanzArchiv, 2002, vol. 59, pages 49-67
Handle: RePEc:sef:csefwp:34
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Related research
Keywords: Trade union; Overlapping generations; Factor shares; Endogenous technical change; Employment;Other versions of this item:
- Andreas Irmen & Berthold U. Wigger, 2002. "Trade Union Objectives and Economic Growth," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 59(1), pages 49-, February.
- Irmen, Andreas & Wigger, Berthold, 2001. "Trade Union Objectives and Economic Growth," CEPR Discussion Papers 3027, C.E.P.R. Discussion Papers.
- Andreas Irmen & Berthold Wigger, 2001. "Trade Union Objectives and Economic Growth," CESifo Working Paper Series 551, CESifo Group Munich.
- D91 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Consumer Choice; Life Cycle Models and Saving
- E25 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
- J51 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Trade Unions: Objectives, Structure, and Effects
- O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
This paper has been announced in the following NEP Reports:
- NEP-ALL-2001-11-05 (All new papers)
- NEP-LAB-2001-11-05 (Labour Economics)
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Carlotta Berti Ceroni & Giorgio Bellettini, 2004. "Unions and the political economy of immigration," 2004 Meeting Papers 494, Society for Economic Dynamics.
- Renato BALDUCCI & Stefano STAFFOLANI, 2003. "Short-Run Bargaining, Factors Shares and Growth," Working Papers 188, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
- Luciano Fanti & Luca Gori, 2009.
"Child policy solutions for the unemployment problem,"
Discussion Papers
2009/76, Dipartimento di Scienze Economiche (DSE), University of Pisa, Pisa, Italy.
- Fanti, Luciano & Gori, Luca, 2010. "Child policy solutions for the unemployment problem," Economics Letters, Elsevier, vol. 109(3), pages 147-149, December.
- Kemnitz, Alexander, 2005.
"Can Immigrant Employment Alleviate the Demographic Burden? The Role of Union Centralization,"
Discussion Papers
616, Institut fuer Volkswirtschaftslehre und Statistik, Abteilung fuer Volkswirtschaftslehre.
- Kemnitz, Alexander, 2008. "Can immigrant employment alleviate the demographic burden? The role of union centralization," Economics Letters, Elsevier, vol. 99(1), pages 123-126, April.
- Kemnitz, Alexander, 2006. "Can Immigrant Employment Alleviate the Demographic Burden? The Role of Union Centralization," Dresden Discussion Paper Series in Economics 13/06, Dresden University of Technology, Faculty of Business and Economics, Department of Economics.
- Alexander Kemnitz, 2005. "Can Immigrant Employment Alleviate the Demographic Burden? The Role of Union Centralization," CESifo Working Paper Series 1525, CESifo Group Munich.
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"A "Managerial" trade union and economic growth,"
European Economic Review,
Elsevier, vol. 51(2), pages 365-384, February.
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"Social Conflict, Growth And Factor Shares,"
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- Luciano Fanti & Luca Gori, 2009.
"On economic growth and minimum wages,"
Discussion Papers
2009/78, Dipartimento di Scienze Economiche (DSE), University of Pisa, Pisa, Italy.
- Luciano Fanti & Luca Gori, 2011. "On economic growth and minimum wages," Journal of Economics, Springer, vol. 103(1), pages 59-82, May.
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- Lai, Chung-Hui & Wang, Vey, 2010. "The effects of unionization in an R&D growth model with (In)determinate equilibrium," MPRA Paper 27748, University Library of Munich, Germany.
- G. Bellettini & C. Berti Ceroni, 2004. "A positive analysis of immigration policy," Working Papers 520, Dipartimento Scienze Economiche, Universita' di Bologna.
- Lingens, Jorg, 2003. "The impact of a unionised labour market in a Schumpeterian growth model," Labour Economics, Elsevier, vol. 10(1), pages 91-104, February.
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