Productivity, deunionization and trade: wage effects and labour share implications

Fuente: Organización Internacional del Trabajo (OIT)
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Autores principales: Dario Judzik, Hector Sala
Formato: Artículo científico
Publicado: International Labour Organization 2013
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author Dario Judzik
Hector Sala
author_facet Dario Judzik
Hector Sala
Dario Judzik
Hector Sala
contents Productivity, deunionization and trade: wage effects and labour share implications Dario Judzik Hector Sala Taking the standard macroeconomic assumption of a one-to-one relationship between wages and productivity as given, empirical studies have extensively focused on the wage and employment effects of “unfriendly” labour market institutions. Here, by contrast, the authors examine the long-term wage effects of productivity growth, deunionization and international trade – from 1980 to 2010, in Finland, France, Italy, Japan, Spain, Sweden, the United Kingdom and the United States. After controlling for productivity, they document an underlying downward trend in wages associated with declining union density and growing exposure to international trade. Their analysis also provides useful insights into the attendant erosion of the labour income share. 10.1111/j.1564-913X.2013.00178.x DOI https://doi.org/10.1111/j.1564-913X.2013.00178.x publication.journalArticle
format Artículo científico
id ilo_995218800302676
institution Organización Internacional del Trabajo (OIT)
publishDate 2013
publisher International Labour Organization
spellingShingle Productivity, deunionization and trade: wage effects and labour share implications
Dario Judzik
Hector Sala
Productivity, deunionization and trade: wage effects and labour share implications Dario Judzik Hector Sala Taking the standard macroeconomic assumption of a one-to-one relationship between wages and productivity as given, empirical studies have extensively focused on the wage and employment effects of “unfriendly” labour market institutions. Here, by contrast, the authors examine the long-term wage effects of productivity growth, deunionization and international trade – from 1980 to 2010, in Finland, France, Italy, Japan, Spain, Sweden, the United Kingdom and the United States. After controlling for productivity, they document an underlying downward trend in wages associated with declining union density and growing exposure to international trade. Their analysis also provides useful insights into the attendant erosion of the labour income share. 10.1111/j.1564-913X.2013.00178.x DOI https://doi.org/10.1111/j.1564-913X.2013.00178.x publication.journalArticle
title Productivity, deunionization and trade: wage effects and labour share implications
url https://researchrepository.ilo.org/esploro/outputs/journalArticle/Productivity-deunionization-and-trade-wage-effects/995218800302676