Corporatism and Economic Performance
This paper models corporatism as affecting both the preferences of the parties involved as well as the rules of the game. The analysis is conducted in a union-government game on determining wages and unemployment benefits. The result indicates that international conditions might be important for the functions of the concept of corporatism. It may also serve as an explanation to the poor performance on production and employment in some of the former so successful European corporatist states in the 1990s. The implication of this is that corporatism might not be a successful social organisation in the globalised economy.
|Date of creation:||18 Dec 2000|
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- Oswald, Andrew J, 1982. "The Microeconomic Theory of the Trade Union," Economic Journal, Royal Economic Society, vol. 92(367), pages 576-95, September.
- Calmfors, Lars & Horn, Henrik, 1986. "Employment Policies and Centralized Wage-Setting," Economica, London School of Economics and Political Science, vol. 53(211), pages 281-302, August.
- Oswald, Andrew J, 1985. " The Economic Theory of Trade Unions: An Introductory Survey," Scandinavian Journal of Economics, Wiley Blackwell, vol. 87(2), pages 160-93.
- McDonald, Ian M & Solow, Robert M, 1981. "Wage Bargaining and Employment," American Economic Review, American Economic Association, vol. 71(5), pages 896-908, December.
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