Unions and profits : a meta-regression analysis
Data(s) |
01/01/2009
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Resumo |
The effect of unions on profits continues to be an unresolved theoretical and empirical issue. In this paper, clustered data analysis and hierarchical linear meta-regression models are applied to the population of forty-five econometric studies that report 532 estimates of the direct effect of unions on profits. Unions have a significant negative effect on profits in the United States, and this effect is larger when market-based measures of profits are used. Separate meta-regression analyses are used to identify the effects of market power and long-lived assets on profits, as well as the sources of union-profit effects. The accumulated evidence rejects market power as a source of union-profit effects. While the case is not yet proven, there is some evidence in support of the appropriation of quasi-rent hypothesis. There is a clear need for further American and non-American primary research in this area.<br /> |
Identificador | |
Idioma(s) |
eng |
Publicador |
Blackwell |
Relação |
http://dro.deakin.edu.au/eserv/DU:30018452/doucouliagos-unionsandprofits-2009.pdf http://dx.doi.org/10.1111/j.1468-232X.2008.00549.x |
Direitos |
2009, Regents of the University of California |
Tipo |
Journal Article |