English, Article, Journal or magazine article edition: Imports as product and labour market discipline H. BOULHOL; S. DOBBELAERE; S. MAIOLI

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Bookmark: http://trove.nla.gov.au/version/14702
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Imports as product and labour market discipline
Author
  • H. BOULHOL
  • S. DOBBELAERE
  • S. MAIOLI
Physical Description
  • preprint
Notes
  • This paper tests the pro-competitive effect of trade in the product and labour markets of UK manufacturing sectors between 1988 and 2003 using a two-stage estimation procedure. In the first stage, we use data on 9820 firms from twenty manufacturing sectors to simultaneously estimate mark-up and workers’ bargaining power parameters according to sector, firm size and period. We find a significant drop in both the mark-up and the workers’ bargaining power in the mid-nineties. In the second stage, we relate our parameters of interest to trade variables. Our results show that imports from developed countries have significantly contributed to the decrease in both mark-ups and workers’ bargaining power.
  • Workers’ bargaining power, mark-ups, pro-competitive effect
  • RePEc:rug:rugwps:07/​479
Language
  • English
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