Unions and Investment in British Manufacturing Industry.
This paper is concerned with the impact of unions on the investment rate in British industry. On the basis of an analysis of some 72 industries in the manufacturing sector, we find that, ceteris paribus, firms that recognize manual unions and have an average level of union density invest some 23 per...
| Auteurs principaux: | , |
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| Format: | Journal article |
| Langue: | English |
| Publié: |
1991
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| _version_ | 1826283171456483328 |
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| author | Denny, K Nickell, S |
| author_facet | Denny, K Nickell, S |
| author_sort | Denny, K |
| collection | OXFORD |
| description | This paper is concerned with the impact of unions on the investment rate in British industry. On the basis of an analysis of some 72 industries in the manufacturing sector, we find that, ceteris paribus, firms that recognize manual unions and have an average level of union density invest some 23 per cent less than firms that do not recognize unions. However, once we allow for union effects on wages and productivity, this overall effect is reduced to between 4 and 13 percent, depending on the degree of competition in the product market. |
| first_indexed | 2024-03-07T00:54:54Z |
| format | Journal article |
| id | oxford-uuid:87b59ec1-a703-4031-bd5f-f7afb8f0091c |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T00:54:54Z |
| publishDate | 1991 |
| record_format | dspace |
| spelling | oxford-uuid:87b59ec1-a703-4031-bd5f-f7afb8f0091c2022-03-26T22:12:22ZUnions and Investment in British Manufacturing Industry.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:87b59ec1-a703-4031-bd5f-f7afb8f0091cEnglishDepartment of Economics - ePrints1991Denny, KNickell, SThis paper is concerned with the impact of unions on the investment rate in British industry. On the basis of an analysis of some 72 industries in the manufacturing sector, we find that, ceteris paribus, firms that recognize manual unions and have an average level of union density invest some 23 per cent less than firms that do not recognize unions. However, once we allow for union effects on wages and productivity, this overall effect is reduced to between 4 and 13 percent, depending on the degree of competition in the product market. |
| spellingShingle | Denny, K Nickell, S Unions and Investment in British Manufacturing Industry. |
| title | Unions and Investment in British Manufacturing Industry. |
| title_full | Unions and Investment in British Manufacturing Industry. |
| title_fullStr | Unions and Investment in British Manufacturing Industry. |
| title_full_unstemmed | Unions and Investment in British Manufacturing Industry. |
| title_short | Unions and Investment in British Manufacturing Industry. |
| title_sort | unions and investment in british manufacturing industry |
| work_keys_str_mv | AT dennyk unionsandinvestmentinbritishmanufacturingindustry AT nickells unionsandinvestmentinbritishmanufacturingindustry |