Pay Settlements in Manufacturing Industry, 1979-84: A Micro-data Study of the Impact of Product and Labour Market Pressures.

This paper uses survey data on pay settlements for individual bargaining groups to quantify the impact of a range of influences on pay increases. The level of profits emerges as consistantly the most important pressure, with lesser roles for the need to recruit or retain labor, the risk for redundan...

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Автори: Gregory, M, Lobban, P, Thomson, A
Формат: Journal article
Мова:English
Опубліковано: 1987
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author Gregory, M
Lobban, P
Thomson, A
author_facet Gregory, M
Lobban, P
Thomson, A
author_sort Gregory, M
collection OXFORD
description This paper uses survey data on pay settlements for individual bargaining groups to quantify the impact of a range of influences on pay increases. The level of profits emerges as consistantly the most important pressure, with lesser roles for the need to recruit or retain labor, the risk for redundancy, and price competitiveness; intracompany comparisons are the most important focus of comparability pressures, while the impact of industrial action is detectable but limited. Panel data are used, and estimation is by the Seemingly Unrelated Regressions method.
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spelling oxford-uuid:f26d64df-5083-4dd0-93b7-fdf1b00322d52022-03-27T12:03:37ZPay Settlements in Manufacturing Industry, 1979-84: A Micro-data Study of the Impact of Product and Labour Market Pressures.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:f26d64df-5083-4dd0-93b7-fdf1b00322d5EnglishDepartment of Economics - ePrints1987Gregory, MLobban, PThomson, AThis paper uses survey data on pay settlements for individual bargaining groups to quantify the impact of a range of influences on pay increases. The level of profits emerges as consistantly the most important pressure, with lesser roles for the need to recruit or retain labor, the risk for redundancy, and price competitiveness; intracompany comparisons are the most important focus of comparability pressures, while the impact of industrial action is detectable but limited. Panel data are used, and estimation is by the Seemingly Unrelated Regressions method.
spellingShingle Gregory, M
Lobban, P
Thomson, A
Pay Settlements in Manufacturing Industry, 1979-84: A Micro-data Study of the Impact of Product and Labour Market Pressures.
title Pay Settlements in Manufacturing Industry, 1979-84: A Micro-data Study of the Impact of Product and Labour Market Pressures.
title_full Pay Settlements in Manufacturing Industry, 1979-84: A Micro-data Study of the Impact of Product and Labour Market Pressures.
title_fullStr Pay Settlements in Manufacturing Industry, 1979-84: A Micro-data Study of the Impact of Product and Labour Market Pressures.
title_full_unstemmed Pay Settlements in Manufacturing Industry, 1979-84: A Micro-data Study of the Impact of Product and Labour Market Pressures.
title_short Pay Settlements in Manufacturing Industry, 1979-84: A Micro-data Study of the Impact of Product and Labour Market Pressures.
title_sort pay settlements in manufacturing industry 1979 84 a micro data study of the impact of product and labour market pressures
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AT lobbanp paysettlementsinmanufacturingindustry197984amicrodatastudyoftheimpactofproductandlabourmarketpressures
AT thomsona paysettlementsinmanufacturingindustry197984amicrodatastudyoftheimpactofproductandlabourmarketpressures