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| Titre : | When union’s activity matters: the impact of union centralization on economic growth in OECD countries (2021) |
| Auteurs : | Phu Nguyen-Van ; Isabelle Terraz |
| Type de document : | Article : document électronique |
| Dans : | Applied economics (vol. 53, n° 21, 2021) |
| Article en page(s) : | pp. 2433-2446 |
| Note générale : | Consultation du document en interne uniquement. Voir les documentalistes pour accéder au document. |
| Langues: | Anglais |
| Catégories : |
Affiliation Céreq Céreq - Centre associé de StrasbourgThésaurus CEREQ PAYS DE L'OCDE ; SYNDICALISME ; CROISSANCE ECONOMIQUE |
| Résumé : | It is nowadays accepted that labour market institutions matter in economic development. However, empirical studies on unions’ effect are not univocal. We provide new insight into the impact of unions on the long-run performance of industrialized economies using an indicator of union centralization. Relying on a recent panel dataset of OECD countries, we estimate a growth equation and show that a high degree of union centralization can be harmful to growth. This effect is not driven by economic channels (such as private investment, human capital and research and development) but appears to be related to a direct effect of unions on the growth process. |
| Document Céreq : | Non |
| n° fiche programme : | 913 |
