Trade unions and firms' product market power

Article Abstract:

The product market power of business and union firms is observed to be significantly eroded by wage rents, but both firms still manage to maintain their power in the process of negotiations. A production function model is used to examine the possibility that wages are bargained off the labor demand curve. The model is formalized through the generalized Nash bargaining solution and is empirically tested on four Belgian manufacturing sectors.

Manufacturing industries, not elsewhere classified, Manufacturing Industries NEC, Analysis, Product management, Business enterprises, Wages, Wages and salaries, Negotiation, Negotiations, Labor unions

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Capacity constraints and export performance: theory and evidence from Belgian manufacturing

Article Abstract:

The dual approach of cost functions and factoring in the possibility of capacity constraints are used in developing a mark-up model for export and domestic pricing. The model is used to examine a panel of Belgian firms on the product market power of domestic and export markets and measure the effect of exports on technology and pricing of the firm through the effect of cost flexibility and capacity utilization.

International trade, Exports, Corporations, Corporations, Belgian

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Market power, scale economies and productivity: estimates from a panel of establishment data

Article Abstract:

Several manufacturing industries in Norway are evaluated by scale economies, market power and productivity.

Norway, Statistical Data Included

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