Dundee Discussion Papers in Economics 108: Trade union power and economic efficiency

Monojit Chatterji

    Research output: Working paper/PreprintDiscussion paper

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    Abstract

    This paper seeks to integrate, unify and consequently analyse the efficiency consequences of recent empirical findings on the impact of unions. A dynamic model of on the job training is used to analyse the impact of unions on training outcomes, turnover, productivity, investment and profitability. The overall efficiency consequences are also studied. It is shown that moderate degrees of union power are efficiency enhancing despite reducing investment and profitability.
    Original languageEnglish
    PublisherUniversity of Dundee
    Publication statusPublished - 2000

    Publication series

    NameDundee Discussion Papers in Economics
    PublisherUniversity of Dundee
    No.108
    ISSN (Print)1473-236X

    Keywords

    • Trade unions
    • Efficiency
    • Quits
    • Productivity
    • Training
    • Investment

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