Interaction between product market and labour market power: Evidence from France, Belgium and Chili

José Miguel Benavente; Sabien Dobbelaere; Jacques Mairesse

doi:10.1080/13504850701206478

Interaction between product market and labour market power: Evidence from France, Belgium and Chili

José Miguel Benavente
, Sabien Dobbelaere
, Jacques Mairesse

Research output: Contribution to Journal › Article › Academic › peer-review

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Abstract

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.

Original language	English
Pages (from-to)	573-577
Number of pages	5
Journal	Applied Economics Letters
Volume	16
Issue number	6
Early online date	20 Mar 2009
DOIs	https://doi.org/10.1080/13504850701206478
Publication status	Published - 2009

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth

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10.1080/13504850701206478

Benavente-Dobbelaere-Mairesse (ApEcLet,2009)Final published version, 126 KB

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AB - 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.

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Interaction between product market and labour market power: Evidence from France, Belgium and Chili

Abstract

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