Unions And Economic Performance In Developing Countries: Case Studies From Latin America
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| Format: | Artículo científico |
| Language: | en |
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Universidad EAFIT
2017
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| _version_ | 1876434024036040704 |
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| author | Fernando Rios-Avila |
| author_facet | Fernando Rios-Avila |
| contents | Unions And Economic Performance In Developing Countries: Case Studies From Latin America Fernando Rios-Avila Economía y Finanzas Unions Investment Productivity Profitability Latin America This paper analyzes the economic impact of unions on productivity in the manufacturing sector across six Latin American countries: Argentina, Bolivia, Chile, Mexico, Uruguay, and Panama. Using an augmented Cobb-Douglas production function, the paper finds that unions have positive, but mostly small, effects on productivity, with the exception of Argentina, with a large negative effect, and Bolivia, with no effect. An analysis on profitability shows that, in most cases, the positive productivity effects barely offset higher union compensation, and that unions are negatively related to investment in capital and R & D. Different explanations for these effects are discussed. 2017 artículo científico 1657-4206 https://www.redalyc.org/articulo.oa?id=329053210001 https://www.redalyc.org/journal/3290/329053210001/ https://www.redalyc.org/journal/3290/329053210001/html/ https://www.redalyc.org/journal/3290/329053210001/329053210001.epub https://www.redalyc.org/journal/3290/329053210001/movil 10.17230/ecos.2017.44.1 en http://www.redalyc.org/revista.oa?id=3290 Ecos de Economía application/pdf Universidad EAFIT Ecos de Economía (Colombia) Num.44 Vol.21 |
| format | Artículo científico |
| id | redalyc_329053210001 |
| institution | Redalyc |
| language | en |
| publishDate | 2017 |
| publisher | Universidad EAFIT |
| spellingShingle | Unions And Economic Performance In Developing Countries: Case Studies From Latin America Fernando Rios-Avila Economía y Finanzas Unions Investment Productivity Profitability Latin America Unions And Economic Performance In Developing Countries: Case Studies From Latin America Fernando Rios-Avila Economía y Finanzas Unions Investment Productivity Profitability Latin America This paper analyzes the economic impact of unions on productivity in the manufacturing sector across six Latin American countries: Argentina, Bolivia, Chile, Mexico, Uruguay, and Panama. Using an augmented Cobb-Douglas production function, the paper finds that unions have positive, but mostly small, effects on productivity, with the exception of Argentina, with a large negative effect, and Bolivia, with no effect. An analysis on profitability shows that, in most cases, the positive productivity effects barely offset higher union compensation, and that unions are negatively related to investment in capital and R & D. Different explanations for these effects are discussed. 2017 artículo científico 1657-4206 https://www.redalyc.org/articulo.oa?id=329053210001 https://www.redalyc.org/journal/3290/329053210001/ https://www.redalyc.org/journal/3290/329053210001/html/ https://www.redalyc.org/journal/3290/329053210001/329053210001.epub https://www.redalyc.org/journal/3290/329053210001/movil 10.17230/ecos.2017.44.1 en http://www.redalyc.org/revista.oa?id=3290 Ecos de Economía application/pdf Universidad EAFIT Ecos de Economía (Colombia) Num.44 Vol.21 |
| title | Unions And Economic Performance In Developing Countries: Case Studies From Latin America |
| topic | Economía y Finanzas Unions Investment Productivity Profitability Latin America |
| url | https://www.redalyc.org/articulo.oa?id=329053210001 https://www.redalyc.org/journal/3290/329053210001/ https://www.redalyc.org/journal/3290/329053210001/html/ https://www.redalyc.org/journal/3290/329053210001/329053210001.epub https://www.redalyc.org/journal/3290/329053210001/movil |