IDEAS home Printed from https://ideas.repec.org/a/cje/issued/v28y1995is1p94-107.html
   My bibliography  Save this article

Declining High Wage Industries, Efficient Labour Contracts, and Optimal Adjustment Assistance

Author

Listed:
  • Frank Barry

Abstract

Wages frequently remain high in industries thrown into permanent decline. Previous analyses based on arbitrary wage rigidities have concluded that some degree of subsidization of the declining industry is warranted on efficiency grounds. The present paper proposes as an alternative an efficient bargaining model that generates wage stickiness and inefficiently low levels of intersectoral labor transfer. Expanding rather than declining sectors should be assisted under these circumstances.

Suggested Citation

  • Frank Barry, 1995. "Declining High Wage Industries, Efficient Labour Contracts, and Optimal Adjustment Assistance," Canadian Journal of Economics, Canadian Economics Association, vol. 28(s1), pages 94-107, November.
    • Handle: RePEc:cje:issued:v:28:y:1995:i:s1:p:94-107
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Magee, Christopher, 2001. "Administered protection for workers: an analysis of the trade adjustment assistance program," Journal of International Economics, Elsevier, vol. 53(1), pages 105-125, February.
    2. Frank Barry & Joe Durkan, 1996. "Team Aer Lingus and Irish Steel: An Application of the Declining High-Wage Industries Literature," Open Access publications 10197/5743, School of Economics, University College Dublin.
    3. Magee, Christopher, 2003. "Endogenous tariffs and trade adjustment assistance," Journal of International Economics, Elsevier, vol. 60(1), pages 203-222, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cje:issued:v:28:y:1995:i:s1:p:94-107. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Prof. Werner Antweiler (email available below). General contact details of provider: https://edirc.repec.org/data/ceaaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.