Interaction between product market and labour market power: evidence from France, Belgium and Chile
Author
dc.contributor.author
Benavente, José Miguel
Author
dc.contributor.author
Dobbelaere, Sabien
Author
dc.contributor.author
Mairesse, Jacques
Admission date
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2018-05-28T14:41:27Z
Available date
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2018-05-28T14:41:27Z
Publication date
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2009
Cita de ítem
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Applied Economics Letters, 2009, 16, 573–577
es_ES
Identifier
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1350-4851
Identifier
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DOI: 10.1080/13504850701206478
Identifier
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https://repositorio.uchile.cl/handle/2250/148169
Abstract
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This article jointly estimates price-cost mark-ups and union bargaining
power of manufacturing firms in France, Belgium and Chile. Our GMM
results provide strong evidence of price-cost mark-ups being underestimated
when labour market imperfections are ignored, corresponding to
the omission of the part of product rents captured by the workers.