Unions and microeconomic performance: a look at what matters for economists (and employers)

Fuente: Organización Internacional del Trabajo (OIT)
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Bibliographic Details
Main Authors: Zafiris Tzannatos, Toke Aidt
Format: Artículo científico
Published: International Labour Organization 2006
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author Zafiris Tzannatos
Toke Aidt
author_facet Zafiris Tzannatos
Toke Aidt
Zafiris Tzannatos
Toke Aidt
contents Unions and microeconomic performance: a look at what matters for economists (and employers) Zafiris Tzannatos Toke Aidt Balancing theoretical considerations against empirical findings from an extensive literature survey, the authors investigate the effects of unionization on key determinants of corporate performance, including productivity, technological innovation, investment, human capital formation, and profitability. This overview of microeconomic effects is followed by a discussion of economy-wide effects which highlights the importance of the policy environment in determining the propensity of trade unions to mediate particular economic outcomes. While workers need representation, the authors conclude, trade unions are most effective at improving conditions for workers without efficiency costs when product markets are competitive and unions need to care about rent creation. publication.journalArticle
format Artículo científico
id ilo_995219328402676
institution Organización Internacional del Trabajo (OIT)
publishDate 2006
publisher International Labour Organization
spellingShingle Unions and microeconomic performance: a look at what matters for economists (and employers)
Zafiris Tzannatos
Toke Aidt
Unions and microeconomic performance: a look at what matters for economists (and employers) Zafiris Tzannatos Toke Aidt Balancing theoretical considerations against empirical findings from an extensive literature survey, the authors investigate the effects of unionization on key determinants of corporate performance, including productivity, technological innovation, investment, human capital formation, and profitability. This overview of microeconomic effects is followed by a discussion of economy-wide effects which highlights the importance of the policy environment in determining the propensity of trade unions to mediate particular economic outcomes. While workers need representation, the authors conclude, trade unions are most effective at improving conditions for workers without efficiency costs when product markets are competitive and unions need to care about rent creation. publication.journalArticle
title Unions and microeconomic performance: a look at what matters for economists (and employers)
url https://researchrepository.ilo.org/esploro/outputs/journalArticle/Unions-and-microeconomic-performance-a-look/995219328402676