Economic Development and Strikes: An Examination of the Haas and Stack Model
The evidence presented by Haas and Stack (1983) suggests that a parabolic relationship exists between a nation's level of industrialization and the strike activity among its labor force. Their model is tested using data from a different time period. Criticisms of the original model, including problems of heteroskedasticity, autocorrelation and multicollinearity, are addressed here. The findings of this study support only marginally the conclusions reached by Haas and Stack, in that the relationship is confirmed to be curvilinear.
|Date of creation:||10 Dec 1996|
|Note:||Type of Document - Word 7.0; prepared on IBM PC Pentium running Windows95; to print on HP laserjet 4; pages: 14; figures: none|
|Contact details of provider:|| Web page: http://econwpa.repec.org|
References listed on IDEAS
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- Greenberg, Edward, 1980. "Finite Sample Moments of a Preliminary Test Estimator in the Case of Possible Heteroscedasticity," Econometrica, Econometric Society, vol. 48(7), pages 1805-1813, November.
- Albert Rees, 1952. "Industrial Conflict and Business Fluctuations," Journal of Political Economy, University of Chicago Press, vol. 60, pages 371-371.
- White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-838, May.
- Farber, Henry S, 1978. "Bargaining Theory, Wage Outcomes, and the Occurrence of Strikes: An Econometric Analysis," American Economic Review, American Economic Association, vol. 68(3), pages 262-271, June.
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