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Unionization and cost of production: compensation, productivity, and factor-use effects

Author

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  • Randall W. Eberts
  • Joe A. Stone

Abstract

A demonstration that unionization can affect cost of production through increases in compensation, through shifts in technologies, and through deviations from the least-cost combination of inputs (the factor-use effect).

Suggested Citation

  • Randall W. Eberts & Joe A. Stone, 1987. "Unionization and cost of production: compensation, productivity, and factor-use effects," Working Papers (Old Series) 8701, Federal Reserve Bank of Cleveland.
    • Handle: RePEc:fip:fedcwp:8701
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    Cited by:

    1. Randall Eberts & Kevin Hollenbeck & Joe Stone, 2002. "Teacher Performance Incentives and Student Outcomes," Journal of Human Resources, University of Wisconsin Press, vol. 37(4), pages 913-927.
    2. Elisabetta Magnani & David Prentice, 2000. "Unionisation, short-run flexibility and cost efficiency: Evidence from U.S. manufacturing," Working Papers 2000.04, School of Economics, La Trobe University.
    3. Husted, Thomas A & Kenny, Lawrence W, 2000. "Evidence on the Impact of State Government on Primary and Secondary Education and the Equity-Efficiency Trade-Off," Journal of Law and Economics, University of Chicago Press, vol. 43(1), pages 285-308, April.

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