Labour Unions, Public Policy and Economic Growth

by Tapio Palokangas

Overview

Collective bargaining is still the main vehicle worldwide for labor to negotiate with management in both the public and private sectors. This book presents a new theoretical model of union bargaining. It challenges the commonly held view that collective bargaining has a negative impact on economic welfare and argues that with the existence of market failure, collective bargaining can be welfare enhancing. This book will be a research resource for scholars, professionals and policymakers and supplementary reading for upper-level courses in labor economics, public economics, game theory and international economics.

Product Details

ISBN-13:	9780521663236
Publisher:	Cambridge University Press
Publication date:	01/13/2000
Edition description:	New Edition
Pages:	252
Product dimensions:	5.98(w) x 9.02(h) x 0.67(d)

Table of Contents

List of figures; Preface; Overview; 1. Basic concept of game theory; 2. Collective bargaining without investment; 3. The use of corrective taxes and subsidies; 4. Taxation and production efficiency; 5. Credibility in collective bargaining; 6. Monopoly unions and sluggish investment; 7. Ordinary wages verses profit-sharing; 8. Unions and economic growth; 9. Unions and international specialization; References; Index.